Quote:
Originally Posted by Rochard
Your saying they "make new cars all the time". Well, they make new houses all the time too. You can pull a design from a 100 year old house and make it. I'm forty-two years old, and I've never lived in a "used house". I don't understand why anyone would buy a used house. A ten or twenty year old house means everything is old, used, and subject to break down. The AC, the heater, the water heater, the plumbing, the structure, the roof, etc etc etc.
Why does a house go up in value? It's used.
Don't tell me that it's because they aren't making any land. They have plenty of land to build houses, and once this over they'll be building new houses again.
|
Well the replacement costs of homes go up, materials, labour etc that should have some effect on "used" houses as well. None of the bubble shit though.
Also depending on the resale house you buy renovations, upkeep etc are all factors. Some people take care of their shit, others let it rot away.