Comment on Ask HN: Purchasing real estate property doesn't seem to make financial senseparentComments−philomath_mn2yTrue, but auto depreciation curves are _much_ steeper than home depreciation curves.−mikewarot2yMy understanding is there's a 30% hit just driving it off the lot.
Comments
True, but auto depreciation curves are _much_ steeper than home depreciation curves.
My understanding is there's a 30% hit just driving it off the lot.