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We 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, especia
by kbob 10y ago
We 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.