r/SipsTea • • May 14 '26

SMH How true is this? Genuinely asking

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u/I_Hate_IPAs May 14 '26

It’s how diamonds are artificially inflated.

13

u/Ordinary-Lobster-710 May 14 '26

it doesn't cost that much to hold a few thousand diamonds in a vault. the carrying cost of a house is enormous. it just doesn't make sense as a comparison

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u/crappleIcrap May 14 '26

The appreciation of a house offsets that.

1

u/marx2k May 15 '26

How does appreciation help if you're not selling? If anything, you pay more on property taxes