Re:Why Tesla Is Worth More Than GM
by mcnamaratw on Wednesday July 05, 2017 @06:38PM
(#14706697)
"The house's market value is the same as its market cap."
That's because houses are quoted in total, not just the equity piece. Stocks are only the equity. (They could quote just the equity piece of houses. In that case it would be unhelpful to compare prices without checking the debt.)
That's because houses are quoted in total, not just the equity piece. Stocks are only the equity. (They could quote just the equity piece of houses. In that case it would be unhelpful to compare prices without checking the debt.)