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not much changes in terms of money. Unlike land and houses on that land, ships (and trailers, vans, etc) typically don’t appreciate in value: upkeep costs are j
by hprotagonist 7y ago
not much changes in terms of money. Unlike land and houses on that land, ships (and trailers, vans, etc) typically don’t appreciate in value: upkeep costs are just costs, you’re not usually “paying into” something which you can “get your money back on” later. Arguably that’s true for property too but we like to believe it’s not.
there are many factors beyond monetary value that ought to influence decision-making.
- yardie 7y agoHouses don't appreciate in value. The land they are on appreciates faster than the building depreciates.
- bretpiatt 7y agoStructure can and do go up in value if replacement cost increases from higher material costs, labor costs, building code and permitting costs (that just add cost, not directly to buyer utility), etc.
- hprotagonist 7y ago... sometimes. And sometimes it even outpaces inflation!
- ben509 7y agoLand will appreciate in value if more people move in to the area. So the downside to a boat is you have no neighbors. On the upside, you have no neighbors.