Why is it that cars and most other vehicles only ever depreciate in value, whereas homes generally appreciate continuously? 876 viewsJanuary 3, 2024 Question90.98K December 27, 2019 0 Comments Why is it that cars and most other vehicles only ever depreciate in value, whereas homes generally appreciate continuously? In: Economics 10 Answers ActiveNewestOldest Anonymous Posted December 27, 2019 0 Comments It is the land value that appreciates, the value of anything built on the land goes down as it wears out / becomes obsolete. You are viewing 1 out of 10 answers, click here to view all answers. Register or Login
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