[scantron4]

Not if it gets trashed by the residents.

[vkou]

In a world where housing prices grow in an unbounded, absolutely detached from reality manner, it is.

[b112]

It's actually the land which goes up in value. Houses go down in value, like a new car.

Sometimes this is masked, by regular maintenance, retrofits, and repairs. But if left to pot, a house is eventually worthless, then even a cost, for the new owner has to tear it down and rebuild.

Land appreciates. A house costs.