5 ms·
On a long enough timeline the natural value of land tends towards infinity. If a corporate entity can take out a 1,000 year loan it can make a profit buying a
by rShergold 4y ago
On a long enough timeline the natural value of land tends towards infinity.
If a corporate entity can take out a 1,000 year loan it can make a profit buying a single home for one billion dollars.
This is why the economic models created to understand supply and demand for manufacturing pins in a factory eventually unravel when discussing land.