If Scrooge McDuck’s downtown Duckburg apartment rises in price, and Scrooge’s net worth rises equally
Just to clarify, is the scenario that A) Scrooge owns the apartment building and the value of it has gone up (thus increasing his net worth), or is it that B) he rents the apartment from some other landlord, and coincidentally both his net worth and (the NPV of) his rent have gone up by the same amount?
Edit: on second reading, I’m pretty sure you mean A.
Just to clarify, is the scenario that A) Scrooge owns the apartment building and the value of it has gone up (thus increasing his net worth), or is it that B) he rents the apartment from some other landlord, and coincidentally both his net worth and (the NPV of) his rent have gone up by the same amount?
Edit: on second reading, I’m pretty sure you mean A.