A key difference is that the sofa is a wasting asset, with decreasing resale val... | Hacker News

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jeffwass on Oct 17, 2014 | parent | context | favorite | on: Rental America: Why the poor pay $4,150 for a $1,5...

A key difference is that the sofa is a wasting asset, with decreasing resale value over time. A house usually retains or has increasing resale value.

kchoudhu on Oct 17, 2014 [–]

> A house usually retains or has increasing resale value

I'm not sure we should be so willing to trust this statement after 2008.

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