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Lazy moochers
(lemmy.ml)
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this post was submitted on 27 Jul 2025
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And then they raise rent. For what? They haven't upgraded anything. They haven't added any of that value to the property. Every year the house gets older. Cars lose value every year even if you maintain it perfectly.
If there were only a set number of cars available and creating more was prohibitively expensive, cars would appreciate in value as well.
And to be clear, I'm not talking about the house; building more of those is expensive, but doable. It's building more land that's the tricky part
When I did a vacation in Sri Lanka our guide told us some cars appreciated in price because the government increased (I believe it was that) import taxes.
Edit: Appreciation due to car scarcity
Same happened everywhere during covid.
It's mind-bending that a car now cost what a new house cost, when I was a kid.
The cost of goods should go up. It is a healthy sign of the economy. The fact that wages don't is the problem.
(This was way after covid).
If I remember it correctly, the government is heavily restricting import of foreign brands.
Our guide drove an imported japanese EV.