R x T = W

By
Real Estate Agent with Realty One Group # S.0190863

Ronald Reagan hired a brilliant economist for his cabinet name Paul Zane Pilzer. I was fortunate enough to read his books and hear him speak in person in the early 1990s. One belief he has always stuck with me. “Resource times Technology equals Wealth” or “RxT=W”.

 

As I pondered how this has become important in real estate I did some research. There is actually someone that went and looked at the generations of humans on this planet. By their calculations, they estimate the total human population on Earth from the very beginning until now is about 100,000,000,000 people. That is 100 billion. Currently, there are 7.75 billion people on Earth. Meaning, that of all the people that ever lived on this planet, 1 in 13 are alive this very day.

 

So, we have the resource: land. Now comes the technology. How do we utilize the land to accommodate all these people? How do we balance between how much cement and asphalt versus how much dirt and trees? Maybe we start building more buildings where entire floors exist underground. Maybe entire buildings exist underground.  Did you know that the more homes you build, the higher the average temperature for that city becomes? After all, stucco and cement hold onto heat longer than grass, trees or dirt do. If the area cools down to a lower temperature at night, the average temperature during the day will be lower as well.

 

I don’t have the answers. I just have the questions.

 

1 out of every 13. Imagine that.

 

Comments (34)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Margaret! Yes, due to the science of heat disipation, it is true, unfortunately.

Mar 25, 2021 06:46 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning James! Is that people who create new technologies, or people that create 7.75 billion people?

Mar 25, 2021 06:47 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Grant! An enquiring mind is a creative one. Does that include the National Enquirer? Enquiring minds want to know. ;-)

Mar 25, 2021 06:48 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Nina! Yes, knee-jerk (or just jerky) responses do bring unintended consequences.

Mar 25, 2021 06:49 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope that some of your readers will provide the innovative changes that will be needed by future generations.

Mar 25, 2021 06:50 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Brian! You have a resource named Brian England. You have used technology to aid that resource. Has that ever brought you a paycheck? RxT=W

Mar 25, 2021 06:50 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Sheila! Perhaps one day we will find a way to pleasantly incorporate nature into the walls of a home and reduce the challenge.

Mar 25, 2021 06:52 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Michael. That very much is MWRTP - Many Words Ready To Ponder

Mar 25, 2021 06:53 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Kat! I could just imagine the beautiful possibilities for incorporating construction into the side of a hill or a mountain like where you live.

Mar 25, 2021 06:55 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Roy! Wouldn't that be a great outcome? For a ponderer to provide a solution that aids so many in future generations?

Mar 25, 2021 06:56 AM
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I love nature and views - being underground would be stifling, even with walls covered in plant life and the illusion of views. Psychologically, it would be difficult.  Instead, maybe we need to understand the importance trees play in keeping air clean and temperatures cooler and stop cutting them down to build more and more subdivisions. Multi-gen living is making a comeback. Tiny houses, and tiny house communities are gaining in popularity with community gardens, maybe there  is an answer there somewhere. 

Mar 25, 2021 09:38 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Debb! yes we need to ponder many options as far as how to benefit future generations.

Mar 25, 2021 09:59 AM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Rocky- I'm still wrapping my head around 1 in 13!!!! And as for living underground, I'd rather live in a one room above ground shack than live underground. 

Mar 25, 2021 11:03 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Kathy! We actually have a luxury house in Vegas built all underground - it actually does look wonderful.

Mar 25, 2021 11:06 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Rocky interesting population figures, I have not given much thought to that before.

Mar 25, 2021 11:25 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there George! Yes, sometimes asking questions and pondering does lead me down unusual paths.

Mar 25, 2021 12:14 PM
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Well for some reason yes I did know that the bigger a city grows the hotter it becomes.  That just makes sense to me  7.75 Billion people now. 100 Billion over all time.  Now those are astounding numbers. Even bigger number is the 30T in debt....and adding more.  Now thats ponder fodder for many economists!

Mar 25, 2021 02:53 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Anna! Sounds like a new path for pondering indeed.

Mar 25, 2021 02:59 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

The numbers can be staggering and the one thing that will not change regardless of how many people are born is there is no way to make more land.

In the world, there will have to be better efforts to try and reclaim the deserts especially as 90% of our earth is covered by water

Mar 25, 2021 04:04 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Ed! Yes, desalinization could be a portion of what helps - and yet does loss of desert effect other regions negatively?

Mar 26, 2021 07:28 AM