News for hackers. Stuff that matters.
Re:Americans still think they can make money flipping houses by CogitoCogito on Saturday July 09, 2022 @09:01AM (#32034669)
> As they get older they get more valuable because people like older buildings for aesthetic reasons.

Is this really true in general? I mean sure I can find examples of it being true, but it's kind of assumed that many of the old houses in my parent's neighborhood of San Diego are teardowns whenever a buyer comes interested.

Re:Americans still think they can make money flipping houses by synu on Saturday July 09, 2022 @09:43AM (#32035008)
Maybe it’s something with the way houses are built there? I am in a smaller old city in Europe and I’d say the majority of houses around me are about as old as the US, or a little older, and it’s not all about to fall down (or even close).