Posted: Feb 12, 2019 1:25 am
juju7 wrote:aban57 wrote:Why would the value of a house increase with years ? In normal use conditions, everything degrades with time, so unless you invest money into home improvement (which improves its value, but also its global cost), the value should decrease.
Supply demand. A house will increase in value where there is increasing demand and supply is limited.
Economics 101.
In part yes. Why would the value of a dollar, Euro or Pound decrease over time?