Is Trump’s Mar-a-largo Club Worth $1.5 Billion?
February 18, 2024
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1:00Now PlayingIs Trump’s Mar-a-largo Club Worth $1.5 Billion?
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as posted by the channelEd Krassenstein is either intentionally misleading people about the difference between cost and value or he is ignorant of the subject.
Value can be defined as the importance, worth or usefulness of something. This can be very ephemeral although there may be more of a direct correlation to scarcity in the sense that things that are more scarce tend to be valued more than things that are less scarce.
Land in Florida is more scarce than land in the UAE.
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