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To: proxy_user
the total value of housing is greater than total annual income?

That brings up a theoretical question that has NEVER been sufficiently explained. Where does wealth come from and how can an entire country possibly get wealthier all at once. Adam Smith didn't get it.

17 posted on 10/14/2006 10:02:45 AM PDT by RightWhale (Repeal the law of the excluded middle)
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To: RightWhale
That brings up a theoretical question that has NEVER been sufficiently explained. Where does wealth come from..

A very very good question; one of the best questions to be every asked on FR.

At the root of all true wealth are manufactured goods. Those who are invested in the manufacturing of goods are the true wealth creators of the world--and this includes food products too. Whatever else you produce or provide-- news, entertainment,novels, poetry, education,marriage counseling, attorney services, theoretical physics research, online stores, brick&mortar stores,dating websites, porn.. ..the chain always ends in your ability to buy a manufactured product.

198 posted on 10/15/2006 12:03:36 PM PDT by HarmlessLovableFuzzball
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