In Terms of Real Estate, What is the US Actually Worth?
Generally, when thinking about the value of a nation’s resources, economists look to more practical and empirical figures. How strong is the dollar versus another currency? What is the relative gross domestic product (GDP) of one nation versus another? While this is certainly more practical for most purposes, one researcher asked an entirely different question: at market value, what would all of the real estate in the United States actually be worth?