In general I agree with you regarding the lifetime, the exceptions are areas that goes through expanding housing prices. For example, good luck finding a bathr

In general I agree with you regarding the lifetime, the exceptions are areas that goes through expanding housing prices. For example, good luck finding a bathroom in a central Stockholm flat that is more than 5 years old due to the housing market 2000-2017. The amount of money spent on bathroom remodels really baffles me. Credit expansion made people throw out new bathrooms, redo them and then revaluate their flat to make the mortgage cover the cost. A nice bathroom renovation cost about $27k while the net annual salary probably is around $40k. Due to this, my bet is that the people depending on bathroom remodels are the people that will get squeezed first now when the housing market has turned bearish.