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St. Onge: The Fallacy of "Buy Land — They’re Not Making Any More"

  • The Fallacy of “Buy Land — They’re Not Making Any More”
09/16/2015

Mises Daily Wednesday by Peter St. Onge:

“Buy land — they’re not making any more!” is an old investing chestnut, and a common sense one to boot. Economically, it’s also completely false.

 

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Mises Institute

The Mises Institute works to advance the Austrian school of economics and the Misesian tradition, and defends the market economy, private property, sound money, and peaceful international relations, while opposing state intervention.