8 ms·
I agree on the point about 'stuff not being worth as much any more', though this may be a UK centric viewpoint. Housing has just dwarved everything else. The e
by stegosaurus 12y ago
I agree on the point about 'stuff not being worth as much any more', though this may be a UK centric viewpoint. Housing has just dwarved everything else.
The entire contents of a typical flat I've inhabited would have a resale value of about one month's rent if sold for the best price possible.
If you went for just the big ticket items and sold them on the black market you'd likely get less than a week.
Tangible assets are becoming devalued compared to intangibles (rights to things rather than mere possession; homeownership, bank accounts, etcetera).