News for hackers. Stuff that matters.

A comment on The anti-abundance critique on housing is wrong. Parent comment

Re:The anti-abundance critique on housing is wrong by scoofy on Thursday July 31, 2025 @09:58PM (#44752285)
Housing is a depreciating asset. Even if you're trying to continuously corner the market, you'll be losing money in the long run if you're not actually renting the units for more than you're buying them for.

If supply can be built to meet demand, trying to corner the market to achieve monopoly rents will fail in the long run.

[ Parent | on HN ]
Re:The anti-abundance critique on housing is wrong by shazbotter on Friday August 01, 2025 @02:54AM (#44753743)
Land isn't. And the house is depreciating, but not the value of having a rental at that location. My house is worth four times what I bought it for a decade ago. The horse itself is depreciating, and because I rent a portion of it, I can claim that depreciation, but the value of the property is going up.
[ Parent | on HN ]
Re:The anti-abundance critique on housing is wrong by yunwal on Friday August 01, 2025 @08:14AM (#44755662)
> Housing is a depreciating asset.

It ought to be, but that is not how America works

[ Parent | on HN ]