Re:The anti-abundance critique on housing is wrong
by pixl97 on Thursday July 31, 2025 @07:57PM
(#44751580)
Thats what I'm trying to figure out myself, which bank is going to give out loans on a depreciating asset. Funding will dry up as supply increases.
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Re:The anti-abundance critique on housing is wrong
by Ekaros on Friday August 01, 2025 @03:08AM
(#44753833)
It is all fine as long as repayments on principal are faster than depreciation. Might mean larger down payments or shorter durations. As long as you can reasonably expect collateral to stay above principal math does work out in my mind.
Car loans have been a thing. And they attach to depreciating asset.