I think gasoline or diesel is a commodity because for the most part a gallon of gasoline is a gallon of gasoline whether you buy it at Shell or at Costco. I mean Shell will probably try to say they have better detergents or whatever but for the most part they are the same.
Similarly, one unit of electricity from solar is the same as a unit of electricity because a kilowatt hour is a kilowatt hour. You could say well my unit of electricity is better because Elon Musk sold it but for the most part they do the same thing.
Housing is not that very interchangeable. For example, in the Denver area in Colorado apparently the Cherry Creek area commands a higher sticker price because of the school district.
Some homes are just more desirable than others. For me, I desire:
* Excellent public transit
* Excellent symmetric high speed fiber optic Internet connection to the home
* Costco or Sam's Club within half an hour or inexpensive grocery stores within walkable distance
And there are unspoken assumptions like somewhere an ambulance can get to me in time if I am dying and take me to a hospital so good roads and proximity to a good hospital.
Similarly, one unit of electricity from solar is the same as a unit of electricity because a kilowatt hour is a kilowatt hour. You could say well my unit of electricity is better because Elon Musk sold it but for the most part they do the same thing.
Housing is not that very interchangeable. For example, in the Denver area in Colorado apparently the Cherry Creek area commands a higher sticker price because of the school district.
Some homes are just more desirable than others. For me, I desire:
* Excellent public transit
* Excellent symmetric high speed fiber optic Internet connection to the home
* Costco or Sam's Club within half an hour or inexpensive grocery stores within walkable distance
And there are unspoken assumptions like somewhere an ambulance can get to me in time if I am dying and take me to a hospital so good roads and proximity to a good hospital.