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A comment on Homes in 97% of U.S. cities are overvalued, Moody's says. Parent comment

Re:Homes in 97% of U.S. cities are overvalued, Moody's says by seanmcdirmid on Friday May 06, 2022 @12:59AM (#31281485)
The really old homes I’ve seen in Europe are made out of wood oddly enough. Of course, when the house was built in the 1400s, it is probably a ship of Theseus. Well, most homes that are around for a whole have to be maintained, even (especially) if they are made out of concrete or brick.
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Re:Homes in 97% of U.S. cities are overvalued, Moody's says by ido on Friday May 06, 2022 @02:33AM (#31281968)
I think it depends where in Europe? In Germany and Austria they're mostly made of masonry.

Here for example is a 1000+ years old church in Vienna: https://en.wikipedia.org/wiki/St._Rupert%27s_Church,_Vienna

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Re:Homes in 97% of U.S. cities are overvalued, Moody's says by seanmcdirmid on Friday May 06, 2022 @12:57PM (#31287385)
That church undergoes a lot of maintnence, masonry requires constant repair, so it gets constant repair.
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