It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.
It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.
It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.
It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.
It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.
I’ve been dealing with sme real estate agents who pitch various houses with the “well, you couldn’t even build it for the price it’s selling for”.
It’s the same thing with cars. You couldn’t build that 20 year old car for the replacement cost of brand new. Nor would you expect to be able to. Why would you expect a 30 year old house to cost the same as building a brand new house?
I’ve been dealing with sme real estate agents who pitch various houses with the “well, you couldn’t even build it for the price it’s selling for”.
It’s the same thing with cars. You couldn’t build that 20 year old car for the replacement cost of brand new. Nor would you expect to be able to. Why would you expect a 30 year old house to cost the same as building a brand new house?
I’ve been dealing with sme real estate agents who pitch various houses with the “well, you couldn’t even build it for the price it’s selling for”.
It’s the same thing with cars. You couldn’t build that 20 year old car for the replacement cost of brand new. Nor would you expect to be able to. Why would you expect a 30 year old house to cost the same as building a brand new house?
I’ve been dealing with sme real estate agents who pitch various houses with the “well, you couldn’t even build it for the price it’s selling for”.
It’s the same thing with cars. You couldn’t build that 20 year old car for the replacement cost of brand new. Nor would you expect to be able to. Why would you expect a 30 year old house to cost the same as building a brand new house?
I’ve been dealing with sme real estate agents who pitch various houses with the “well, you couldn’t even build it for the price it’s selling for”.
It’s the same thing with cars. You couldn’t build that 20 year old car for the replacement cost of brand new. Nor would you expect to be able to. Why would you expect a 30 year old house to cost the same as building a brand new house?
There is a twist on replacement cost in this article. Basically, don’t wait to buy until replacement cost influences the market instead of bubble and recession inventory…
There is a twist on replacement cost in this article. Basically, don’t wait to buy until replacement cost influences the market instead of bubble and recession inventory…
There is a twist on replacement cost in this article. Basically, don’t wait to buy until replacement cost influences the market instead of bubble and recession inventory…
There is a twist on replacement cost in this article. Basically, don’t wait to buy until replacement cost influences the market instead of bubble and recession inventory…
