[extropy-chat] Real estate as an extropian investment

[Acy James Stapp]

I'd like to offer my opinion on real estate. Assuming a 
post-scarcity economy, real property becomes one of the 
only finite resources, and will become highly desired as 
an extravagent luxury good.

If fusion does not become rapidly affordable the insolation
of a particular parcel of land becomes a valuable resource
for solar power; if you want to bet against fusion buying
land in the American west, Australian outback, or other sunny
desert areas could be quite profitable. And if fusion does
become affordable, you can farm it with desalinated water.

Acy

Mike Lorrey wrote:
>> --- Al Brooks <kerry_prez at yahoo.com> wrote:
>>> 3. buy real estate
>>> 4. buy precious metals
> 
> While secure, real estate and metals are poor performers compared to
> the market historically. Diversification is important to minimize
> risk. Recent gains in metals and real estate are speculative bubbles
> that will burst. Not to be relied upon by the long lived.
>