Which characteristic is NOT applicable to land?

Land is characterized by several key traits that differentiate it from other types of property. One of those characteristics is its durability. Land does not degrade or diminish in quality over time, making it a stable and long-lasting asset. Additionally, land is immobile; it cannot be moved from one location to another, which is an important consideration in real estate and economics. Moreover, every plot of land is unique due to its specific location, topography, and surrounding environment, meaning no two pieces of land are exactly the same.

The concept of land being infinitely available, however, is not accurate. Land is a finite resource, as there is a limited surface area on Earth that can be developed or utilized for various purposes. This inherent scarcity can lead to varying values based on location and demand. Hence, the characteristic that does not apply to land is its classification as being infinitely available. Understanding these characteristics is crucial for real estate principles and the value of land as an asset.