Hacker News new | ask | show | jobs
by shiohime 1641 days ago
The materials already used in your house may not go up in value, but the value of the raw materials themselves certainly have gone up in value due to 30% inflation or whatever over the past year. Take a look at lumber prices.

In this example I'm sure it wouldn't cost $800k to rebuild the house, but it'd certainly be more than $40k, so it would definitely be a loss.