Re:JPMorgan to spend $1B on rental homes in the US to become...
by meltyness on Saturday December 31, 2022 @01:03PM
(#34198926)
Right, but there remains a need to have responsible parties between financiers that are exposed to toxic assets, like leverage, expiring options, margins, dark pools, EV ponzi schemes, and derivatives markets large enough to collapse housing loans up into the fed every 4 years. If the banks turn off the sump pump, the fed lights candles to get rid of the stink.
This is largely context dependent. For example, Japan's homes aren't built to last as long as many American ones. Additionally, even heavily depreciating assets like cars can last virtually indefinitely with proper maintenance. (E.g., Model T's aren't really worth much because there still are many around and they are relatively easily maintained)