Author: Fred WeissFred Weiss Date: Sep 19, 2008 17:32
On Sep 19, 10:11Â am, "Tim" q.con> wrote:> "Fred Weiss" papertig.com> wrote in message> I'm still waiting for him to answer the question how raw, undeveloped
> land can be valuable - sometimes in the millions of dollars. Where's
> the "labor" in the value?
>
> ------------------------------------------------
>
> I'm still waiting for a real world example to counter. My counter resting on
> the demonstrable fact that the assessment of the land value required labour.
You mean it's worth millions because someone spent a few hours
assessing it?
You're kidding, right?
> If it's hypothetical land, say undiscovered land, it only has hypothetical
> value. You can't sell it.
But I wasn't referring to undiscovered or unknown land. I was
referring to the land/acreage you can find listed in the real estate
section of any newspaper - or now by merely doing a Google search.
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