Sure if you do a shitty job of upkeep, then it should depreciate but in general houses are made to be more durable than a car. There is a problem in that people’s wealth can be heavily concentrated in their homes but that’s a separate argument entirely
Scorching but terrible take. Housing is a function of supply and demand and as long as it’s the highest and best use, demand can and often does grow as the economy and disposable income in an area rises. Construction limits aren’t the only factor behind the rise in valuations…
My scorching hot take is that homes should be depreciating assets much like cars, not investment vehicles.
Artificially inflating prices by limiting construction is an anticompetitive practice that hurts new buyers.
Homes are for living, not building wealth.
On one hand, Michigan might be kicking themselves over how many mistakes they made and how they could have been here instead, but at the same time, I don't think anyone's beating Georgia when they're playing like this.
Brazilian legend Pelé has passed away at 82, one of the greatest of all time who changed the game.
A man with a god-given talent, one of the names who will remain forever in the memory.
All thoughts with the family.
RIP, legend 🕊️