> What future does an asset have if people don't actually buy stuff with it? Real estate is an asset and you can't 'buy stuff' with it (other than a 1031 excha

> What future does an asset have if people don't actually buy stuff with it? Real estate is an asset and you can't 'buy stuff' with it (other than a 1031 exchange in the US of course). It's an asset if there is a reasonable chance that someone else will buy it from you in the future for money which you can buy things with.