Earlier quoted context omitted.
This is a fantasy. Those 90 returned people can spend their money anywhere in the world and do. Their relative ranking is multiple larger homes and those 10 working people paying them rent. Land value is not a product of labour -- in Canada it's an investment and a way to move/launder money from other countries. Many many properties being build that are not designed to be realistically lived in.
At a 90 working, 10 non working people ratio, there isn’t going to be much to export, and hence the local currency isn’t going to buy much elsewhere in the world. Also, at 90/10, the working people will surely start to wonder why they are paying rent (or tax) and who is going to stop them if they don’t. Same for invaders looking at obtaining the natural resources in Canada. I picked an extreme ratio to illustrate the…
Canadian currency at the lowest in years. But most of the wealth of Canadians is not held in cash and not entirely even in Canadian investments.
> It is sort of “land value is a product of labor from decades prior that has accumulated to the orderly, productive society today”. But that can gradually change.
I don't see the connection. The land I live on is worth well over a million dollars and increases at an significant rate every year but has no basis in reality other than demand for land outstrips the supply.