ELI5 Why do we expect houses to appreciate in value and…
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ELI5 Why do we expect houses to appreciate in value and not depreciate like cars?
Basically title. People tend to treat houses like an investment or an asset they can sell later for a higher price. Contrast that with cars which only go down in value after you buy them.
#education
Basically title. People tend to treat houses like an investment or an asset they can sell later for a higher price. Contrast that with cars which only go down in value after you buy them.
#education
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