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A comment on Homes in 97% of U.S. cities are overvalued, Moody's says. Parent comment
1. there is housing that is >100 years old all over the US, some of it the most expensive in the country.
2. Brick and cement houses are certainly not maintenance free and crumble apart over time
3. Most of the value is the land, not the house
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1. there is housing that is >100 years old all over the US, some of it the most expensive in the country.
2. Brick and cement houses are certainly not maintenance free and crumble apart over time
3. Most of the value is the land, not the house