It is insane that home values go up over time.

The home should be most expensive when it is initially built. At that point, the structure is new and unused.

As the home experiences wear and tear, the home becomes used and should be worth less money over time.

A used home should cost less than a new home.

But that is not what happens.

Home prices continue to grow to the sky because the debasement of the dollar distorts the market, which enriches the home owners at the expense of the home buyer.

This is a silent wealth transfer that requires the home buyer to pay more for a less valuable product.

Just insane.