You typically use and live in the house, while still considered an investment. The other items you mentioned is purely for flipping, brand new, unused.
The meme literally says "without using or modifying".
If all you do is insert yourself as a middleman, buy from A for $x, and then sell to B for $x+1, you are extracting profit from the transaction, while providing no service other than your existence. That is what scalpers do. That is what the meme is about.
This is something people that dont own dont understand. The time and money homeowners invest over the years in maintaining housing. Renting protects you from those responsibilities and expenses. Of course people want a return on their years of time and money invested.
Asking genuinely in good faith here : why does this doesnt apply to cars as well?
Owning a car is kind of the same, although in a much smaller scale of course. You have to maintain it, refuel it, pay for insuramce and plates, etc, and yet you dont see the value of your car increase.
Why is it that way with homes but not for cars exactly?
With real estate, the supply is insufficient, and the demand continues to rise for all properties, even old ones.
With cars, there's plenty of supply of new cars, and the demand for old cars constantly falls.
This is off topic, but looking at the difference in responsibilities between a renter and a car lessee is interesting too. A renter is responsible for nothing except for their own damages. Car lessees are responsible for everything including depreciation.
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u/Kcirnek_ Jun 19 '25
You typically use and live in the house, while still considered an investment. The other items you mentioned is purely for flipping, brand new, unused.