• Revan343@lemmy.ca
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    14 hours ago

    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

    • Appoxo@lemmy.dbzer0.com
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      1 hour ago

      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