RE: How Much Is That Real Estate Worth?

Homesteads are real estate. Just sayin'

"Real estate is only valuable if it is kept scarce..."

No. Real estate is valuable if it is productive. Today the real estate on Wall Street is some of the most productive in the world. That's why it's valuable. When it no longer is productive, it won't be valuable - but it won't be any more or less common.

Thanks!