What are these assets? Surely not most capital, which depreciates rapidly. The only assets that would apply would be: * Intellectual property (patents and cop

What are these assets? Surely not most capital, which depreciates rapidly. The only assets that would apply would be: * Intellectual property (patents and copyrights). This would be a problem, but only to an extent-- there isn't such an inelastic demand on the return of IP as there is on housing stock. * Picassos, etc. This, while true, isn't especially relevant. Is there something you're getting at that I'm missing here?