I have bad news for you. Land is "capital property."
It's not actually. And I don't think it should be regarded or treated as such. That's the whole point of this discussion.
http://en.wikipedia.org/wiki/Factors_of_productionI could go on to discuss all of the other stuff you said but I don't really feel like this conversation is going anywhere right now. The fact that you consider(ed) land to be capital is actually pretty much exactly what i think is where you any I have a difference of opinion, and since I don't think either of us is gonna convince the other we should probably just leave it at that.