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Many things are created with out them being 'investments.' The builder just needs to be able to sell the home for more than the cost of labor, material, and la
by dantheman 8y ago
Many things are created with out them being 'investments.' The builder just needs to be able to sell the home for more than the cost of labor, material, and land. The owner buys it as a place to live and not as an investment.
Much like a car - many things are expensive and not expected to go up in value.
- dragonwriter 8y ago> Many things are created with out them being 'investments.' The builder just needs to be able to sell the home for more than the cost of labor, material, and land. Spending money on something in th expectation of being able to resell it later for greater than the cost is, exactly, an investment.