With a plane, there are owning/operating costs: hangar, taxes, fuel, oil, insurance, and maintenance costs (i.e. repairs/replace parts that are worn out). With a house, there are similar owning/operating costs (taxes, utitilities, insurance) and maintenance costs (repainting, new roof, lawn care, etc). In my opinion, an appreciative asset is something that the increase in value outweighs the maintenance costs. Operating/Owning costs are not factored in.

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