Quote:
Originally Posted by Mormon Red Death
The LDS church's net worth is very high because they own so much property throughout the world.
Just think how much this temple must be worth for the land alone
http://www.ldschurchtemples.com/hongkong/
If there ever was a cash crunch for the church they could always sell off some of their property |
Thing about real property like that is its like your primary home -- you have to live _somewhere_. If a church sells its operational buildings it has to buy or lease something else, unless there is consolidation of operations of some kind.