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Empty_Economist t1_j658ug7 wrote

Reply to comment by InfernalTest in NY attorney general weighs in: Harlem truck depot could be illegal by ctnutmegger

The whole problem is thinking of homes as things to have value and not commodities that naturally depreciate like your car.

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InfernalTest t1_j65h5gf wrote

uhhh a home ISNT a commodity - its supposed to be an asset and increase in value...... - its not supposed to be anything like a car....

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Empty_Economist t1_j65hdql wrote

That kind of thinking is literally the problem and why we're in the midst of a housing affordability crisis.

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D14DFF0B t1_j66arp3 wrote

Homes are depreciating assets with a shitton of wear items. Land is what tends to appreciate.

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