Posts from July 18th, 2016
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#4 Fun Real Estate Facts - Controversial History of Monopoly
Just about everyone is familiar with the board game Monopoly. We would be quick to pick our favorite markers… the top hat, Scottie dog, thumbnail, or my favorite - the sports car. Then we were given a small amount of money to start from the bank. And for the next several hours we would try to buy real estate, develop our properties with houses and perhaps a hotel or two, collect rent from other players who landed on our developments, and hopefully end up monopolizing the entire board by driving the other players into bankruptcy. But few people know that today's modern version of the game has its roots in a game called "The Landlord Game," developed by a politically liberal woman named Lizzie Magie in the early 1900's whose primary goal was to point out the "inequalities and evils of acquiring vast sums of money at the expense of others." The original "Landlord Game" even had two sets of rules: the monopolist version we are more familiar with...