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

September 16, 2015 by Mises Institute

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

September 16, 2015Mises Institute

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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