location and space are both enormously productive though. they're capital investments

Bc its purpose and use isn't investment; it doesn't really produce anything, and more importantly, it's done for real/consumer use, not production of profitable returns. 

Everything else is (monetarily) accidental

denlillaapan

Residential property pays dividends (rent or implied rent) and can be sold as an asset. How is it different from any other financial asset in that sense, other than low liquidity and divisibility?

And as you say, location is scarce. Price go up when currency devalues.

Stacker_Stocks

econ

Does Residential Real Estate Have an Investment Future? (FT, James Pickford)

> Of course not, because *residential* property doesn't have investment *returns*; it's in the name, sort of.

Me no understand

Residential property pays dividends (rent or implied rent) and can be sold as an asset. How is it different from any other financial asset in that sense, other than low liquidity and divisibility? 


And as you say, location is scarce. Price go up when currency devalues.