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The media is also full of stories about new billion-barrel fields being discovered. Based on what Americans are buying to drive, they don't seem too concerned
by gozur88 10y ago
The media is also full of stories about new billion-barrel fields being discovered. Based on what Americans are buying to drive, they don't seem too concerned about the price of oil.
I don't know what it is now, but back when I bought my first house the average length of time people stayed in a house was 4 1/2 years.
- kbob 10y agoWe consider it acceptable for a car to be mostly depreciated after five years of ownership. We do not want our houses to have lost value in five years, especially as many of us will still owe 75% of its value. A house is still a longer term investment than a car, even if you sell it.