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Sure, but durable goods aren't necessarily investment goods. Homes do depreciate in value- their quality declines and they become increasingly expensive to main
by geocon 4y ago
Sure, but durable goods aren't necessarily investment goods. Homes do depreciate in value- their quality declines and they become increasingly expensive to maintain, and they simply don't have the same amenities as newly-built homes without increasingly expensive remodeling.
What makes "homes" appreciate in value is almost never the building itself, it is the land.