Idk what definition of commodity you are using, but I will say that it seems that by wikipedia’s definition something like food or manufactured goods are more of a commodity than land, something that can not be created.
I would agree that housing is a commodity though, so long as there is more land to build it on.
Idk what definition of commodity you are using, but I will say that it seems that by wikipedia’s definition something like food or manufactured goods are more of a commodity than land, something that can not be created.
I would agree that housing is a commodity though, so long as there is more land to build it on.