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That’s not how businesses or people plan. Discounted cash flow over 60 years means that a cost that’s 60 years away does not matter. Also, Japan went from bombe
by barry-cotter 4y ago
That’s not how businesses or people plan. Discounted cash flow over 60 years means that a cost that’s 60 years away does not matter. Also, Japan went from bombed out wreck to one of the richest countries in the world with this attitude to property so if it hurts at all it’s a minor cost.
- ekianjo 4y ago> Japan went from bombed out wreck to one of the richest countries in the world wit japan has been in stagnation if not recession since 1997. you may want to update that statement especially with the demographic timebomb ahead
- barry-cotter 4y agoTrue but completely irrelevant to the point about home values and economic growth.