On 2/20/2011 3:39 PM, David B. Shemano wrote:
> Maybe there is a chance in my lifetime people will think of housing as a
> depreciating consumption good and not an appreciating capital investment.
>
The building must be separated from the land when considering economic value. I
don't think the land is a depreciating consumption good. And it's the land that
keeps rising in value; the building is just along for the ride.
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
