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It’s an asset due to its scarcity. If you remove the scarcity, it won’t be an asset. Financial asset managers buy real estate because they trust that silly peop
by selectodude 3y ago
It’s an asset due to its scarcity. If you remove the scarcity, it won’t be an asset. Financial asset managers buy real estate because they trust that silly people who think the demand for real estate is infinite will block new development allowing them to make money.