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Are you sure it "certainly" doesn't hold for cars? Cars are expensive as hell: after the amortized sticker price, maintenance, gas, parking (I pay $150/month to
by Analemma_ 8y ago
Are you sure it "certainly" doesn't hold for cars? Cars are expensive as hell: after the amortized sticker price, maintenance, gas, parking (I pay $150/month to park near downtown Seattle) and insurance, it takes quite a few Uber rides before choosing the renting economy puts you in the red overall. And by contrast with a house, a car really isn't any household wealth worth speaking of, they depreciate so fast.