Real estate and mini-monopolies

[Darryl Bull]

Real estate is one of the the last forms of true monopoly (And I don't mean the unethical kind). I don’t think a lot of people talk about this one. But if you own a piece of land then there is literally no other way in the world for someone to offer that exact same thing. Maybe what makes your property so special is a beautiful view, a favorable zoning law, or maybe it’s the key to larger land project like when Walt Disney bought up all of Orlando for DisneyWorld. The point is that it is unique and not easily replicated.

Compare that to an Amazon business selling a product. Someone could very easily copy your product and offer to sell the exact same product at a lower price. Then you’re stuck in a race to the bottom. 

Real estate offers one of the last true monopoly opportunities. 

"Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly." - Winston Churchill