Quote:
Originally Posted by Adam_L
Historically, rent tends to only increase in price (cost) over time.
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They increase for a variety of reasons...inflation, land lords ( slum lords), can then take that investment property....and buy more investment properties, pay down debt ( think " I'm Tommy Vu...and I can make you rich too!!")
Either way you slice and dice it, most people need one car. If that one car is your BRZ / FRS....enjoy it, drive it. If you bought it new, hopefully you drive it 10-15+ years...spread the cost of ownership over that many years, in the end it shouldn't be too costly. It's the people who buy new, sell after 1-4 years, that get hit with the major depreciation. ...now that is a bad "investment". Think about all the thousands of people who do this 1-4 year car ritual, of buying something new...or even a few years old, only have the vehicle for a short period 1-4 years, the sell/ trade in for the next latest and greatest on the lot. Now that is the vicious cycle, car manufacturers want people to get into....like a drug habit
