Money is designed (by central banks) to depreciate at 2%/yr. Most erstwhile "durable" goods depreciate at a faster rate. Your house certainly does. Heck, taxe

Money is designed (by central banks) to depreciate at 2%/yr. Most erstwhile "durable" goods depreciate at a faster rate. Your house certainly does. Heck, taxes and insurance alone are almost 2%, before you even look at physical depreciation, which is generally estimated to be at least 1%/yr. (Speculative assets like the land it sits on might appreciate far more to compensate, however.)