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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (78419)3/23/2000 9:58:00 AM
From: Les H  Read Replies (1) | Respond to of 132070
 
That's why you have depreciation schedules for rental property and why property prices fell for much of the first six years of the decade. There are any number of things that are appreciating consumption items, some cars, jewelry, etc. Keep trying since you don't live in the real world.



To: BGR who wrote (78419)3/23/2000 12:16:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
<Cough> -- don't say "houses". The house itself depreciates as surely as, if more slowly than, the automobile. It is the concomitant property rights that tend to appreciate in the context of ever-increasing population. -mb