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Yes, but that's also true of purchasing a house. Just because the price might not appreciate over the long term doesn't mean it's a loss.
by chad_oliver 13y ago
Yes, but that's also true of purchasing a house. Just because the price might not appreciate over the long term doesn't mean it's a loss.
- skorgu 13y agoIt's a loss /as an investment/ if you can't sell it for more than you bought it for (modulo inflation). You still got value in the form of shelter for your expenditure in the form of a mortgage just as you would have if you had paid rent.