News for hackers. Stuff that matters.

A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment

Re:Priced out of home ownership – 'It makes me want to throw... by hadlock on Wednesday May 29, 2024 @02:07PM (#40514917)
Short of it being on a superfund site most residential land will never have a value of 0. It's called REAL estate for a reason. Partial ownership in a company can evaporate, but 405 park west, manhattan nyc will always be there, at least for the next million years.
[ Parent | on HN ]
Re:Priced out of home ownership – 'It makes me want to throw... by trashtester on Friday May 31, 2024 @08:06AM (#40534021)
Some actually sell for $1 ($0 may be technically more difficult), some may sell for less than 10% of what it was once considered worth, which is close enough to 0 for the difference to not matter much.
[ Parent | on HN ]