Thread

1. sourdecor · 1790953337 · focus · HN ↗

   Chips are automatically a depreciating asset - is there a historical basis for understanding how that affects companies, and how that will affect GPU-centric companies?

   1. asdfsa32 · 1790954024 · focus · HN ↗

      Everything is a depreciating asset, even cash.

      1. howunfortunate · 1790954365 · focus · HN ↗

         The Anglosphere: Nuh-uh! Not houses when you take in a constant stream of new people and refuse to ever ever build anything new!

         1. nradov · 1790955640 · focus · HN ↗

            Houses depreciate without frequent and expensive maintenance. It's the land underneath the house that appreciates. In HCOL areas, wealthy people frequently buy residential real estate expecting to tear down the existing house and build a new one.

            (There are some limited circumstances where a house can appreciate due to permitting constraints or rapid rises in construction costs, but those are rare and temporary.)

            1. howunfortunate · 1790955853 · focus · HN ↗

               That's a good point and I agree.

               But zoning hell can sometimes make it apply to the housing itself too! For example, where I used to live, tons of housing was marked as "historic" and you literally couldn't tear it down or significantly amend it.

Unofficial Hacker News client; not affiliated with Y Combinator.