> It's value is only what people will pay for it. If that is how you define it then by definition that is true. It is not the only possible definition though.

> It's value is only what people will pay for it. If that is how you define it then by definition that is true. It is not the only possible definition though. In my world I prefer to sleep in a place where the rain doesn’t fall on me. Having a place with a roof over me is value to me. If this meaning of the word “value” does not work for you then simply we are talking different languages. Perhaps try thinking about “how much would i need to pay to provide the same neccesity if I wouldn’t own this place”. Maybe that puts it into economic terms what we are talking here.