Back in 2021, my husband was scammed out of 2 billion won. Long story short, he purchased a large plot of land (South Korea). However, the land was located in a mountainous area designated as unfit for development, except for military or public use. Under the Forest Conservation Act, the area was virtually undevelopable, as it was meant to be preserved. Police believe that the real estate group subdivided the mountainous land into smaller lots and sold them to over 3,000 individuals, deceiving them by claiming to have insider information about upcoming redevelopment in the area.
Capitalism and the “American Dream”. The idea that if you just work hard and keep your head down, all your wildest dreams will come true.
From 1945 until around 1975 it was a real thing. Then the combination of Vietnam War spending, the Oil Crisis, and the economic policies of Ronald reagan destroyed it forever.