Land and depreciation

Real Estates and Property Investments, news, discussions
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Merlino
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Location: Port Harcourt
 

July 10th, 2010, 9:41 am

I have a question o! I know assets do depreciate in value. But what of land? Of all assets, i expect land to 4eva appreciate in value. are therE circumstances when land can depreciate in value?

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cousin44
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September 28th, 2010, 11:47 pm

Yea! am sure there are cicumstances where land value can depreciate, as well as many landed property. For example:
B4 Jos crises, lands and landed property in th region was ok in pricce but during and after? ...
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