[OPE-L:1827] Do houses depreciate?

Alan Freeman (100042.617@compuserve.com)
Fri, 19 Apr 1996 05:28:11 -0700

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A question of practical as well as theoretical significance:

Do houses depreciate?

If they do, why isn't this reflected in their price?

If they don't, what distinguishes them from other artefacts
which do so depreciate?