The Big Picture

10 Thursday AM Reads (opens in new tab)

My morning train WFH reads: • Land Appreciates. Homes Depreciate. The structure (house) is a depreciating asset: without continuous investment and updates, its value declines over time, even after renovations. The land is the appreciating component: long-term price gains in real estate are primarily driven by rising land values, not by the building itself. Jonathan… The post appeared first on .

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