Inventions Fade, But Real Estate Endures

Technological advancements often lead to the obsolescence of previous inventions, as evidenced by the decline of fax machines, which were once revolutionary but are now outdated. Despite the rapid evolution of technology—demonstrated by the transition from fax machines to modern communication methods—real estate has remained a stable asset. Unlike other industries that see products phased out, houses and properties retain their value over time and are less susceptible to technological changes.