SPACE. THE FINAL FRONTIER...

This is the year 2008.
The price of chicken have increased.
The price of soy beans have increased.
The price of grains have increased.
The price of oil have soared to record high prices with no stopping of the bullish run.
The effects of global warming are emphasised even more prominently.
The world over is facing a insidious global economic recession.
Inflation is rising worldwide.

And in the face of all these, there is one thing that is not compromised amid these turbulent times. SPACE. If you haven't realised, space is a commodity. I am not referring to the starry black area beyond our atmosphere. For the time being, it is still irrelevant to touch on it. I am referring to the physical space you see around you.

Take for example, land space. As the world becomes more populated and the majority becomes more affluent, there is a demand for land space to build more houses. With such scarcity of land available, such a space is an extremely valuable commodity. Property magnates have made astronomical gazillions of dollars off such a space.

Another example: advertisement. Looking at the newspaper, the amount of space you use for your advertisement corresponds to how much you have to pay for it. Given the intense competition for such space, many are willing to pay big bucks to get a prime advertising space for themselves. On television, advertisers spend a lot to get a slice of the prime timeslot for their advertisement. Even time is considered a valuable space commodity.

Everywhere you go, you are constrained by space. Airplane seats, bus seats, taxis, all of which have a space constraint but optimised to generate the best possible returns in terms of comfort in return for the amount you pay. Even how much you pay for a can of drink is an example of the price of space. It is a pervasive commodity which has infiltrated into all aspects of our life whether we like it or not.

What do you think?