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A key difference is that the sofa is a wasting asset, with decreasing resale value over time. A house usually retains or has increasing resale value.
by jeffwass 12y ago
A key difference is that the sofa is a wasting asset, with decreasing resale value over time. A house usually retains or has increasing resale value.
- kchoudhu 12y ago> A house usually retains or has increasing resale value I'm not sure we should be so willing to trust this statement after 2008.