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But they don't have so much utility that they should offer such returns on top of depreciation. The market is broken.
by Mikeb85 5y ago
But they don't have so much utility that they should offer such returns on top of depreciation. The market is broken.
- iso1210 5y agoIt's not the house that appreciates much in value, its the land the house sits on.
- Mikeb85 5y agoI'm aware. But the land mainly has so much value because cities refuse to expand despite the demand.
- iso1210 5y agoExpanding horizontally doesn't solve land price values -- prices will still be higher in the dense centre The solution is to make better use of valuable land by encouraging (or enforcing) high density