To be clear, I understand what inflation is, but something that’s only keeping up with inflation doesn’t make sense to me as an *investment.* I can understand increasing value by actively doing something, like fixing the roof or adding an addition, but not by it just sitting there.
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In some countries (such as Japan) a home can be a depreciating asset.
https://www.theguardian.com/cities/2017/nov/16/japan-reusable-housing-revolution
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