Quote:
As I argue this more and more, I realize why real estate is called real estate. The only other things of real value I can think of are labor and food. (And when you get down to brass tacks, food is really just the combination of land and labor. But sometimes you need it now.) I'm more than happy to add art into that category, too, although I suppose that could be considered as a form of labor.


LOL, art? So random paint strokes on a piece of paper (which is considered art nowadays) has real, tangible value, but not things like hammers, rifles, shovels, computers, cars, technology, and certificates of partial ownership of companies that provide these things a.k.a. stocks?

Sorry, but I would argue exactly the opposite. The Mona Lisa may be worth millions but it'll never live up to the tangible value of a $5 hammer.