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How is an asset that costs to do nothing worse than an asset that costs to be productive? HN readers really struggle with basic financial concepts. A lease or
by tsunamifury 3y ago
How is an asset that costs to do nothing worse than an asset that costs to be productive?
HN readers really struggle with basic financial concepts. A lease or an owned building is an asset that is utilized for income. If it is not being utilized it is now a cost with no return. That is now unneeded cost when analyzing income and investment.
On top of that if owned it is marked down at its value and any real loss in value needs to be marked down as well.
This is the real analysis going on. This is not a conspiracy. This isn’t complicated. It’s really basic accounting. So please think before brushing everyone off.