[extropy-chat] Real estate as an extropian investment

[Dirk Bruere]

On 8/16/05, Acy James Stapp <astapp at amazeent.com> wrote:
> 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.
 
Well, fusion is at least three decades away, and that's being optimistic.
The notion that in three decades it will be cheaper than PV is
insanely optimistic. I wouldn't bet on it being cheaper than solar in
less than six decades.

Dirk