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I grew up in Germany and 100 years does not sound like a long time for a house to last. Maybe that’s they main difference: expectation of longevity. Which is surprising because while my hometown Cologne is in fact more than 2000 years old, many of its buildings were destroyed in various wars. I’m not sure where the cultural expectation that houses should last forever originates.



That was just an example. I think they can last pretty much indefinitely with maintenance. I know we have wood frame houses built in the 1700s and 1800s that still stand in New England and other places.


Americans think 100 years is a long time; and Europeans think 100 kilometers is a long distance.

(As an Australian - we completely fall on the American side of that remark)


"I’m not sure where the cultural expectation that houses should last forever originates."

Probably partly from ownership of buildings transitioning form wealthy capitalists to middle class. For the capitalist the house is an investment since they get rent from it, but for the middle class family who own their house the house constitutes a huge portion of their wealth. Banks are the main winners, as they profit from loaning money to middle class to purchase the house.

The second factor is the rise of cities. As more people come closer together, the value of land naturally rises. Hence, the "natural" portion of the houses price does not come from the structure itself, but from the value of the land, and the market forces demand for the building.

If the building becomes... defunct, a huge portion of the middle class familys wealth disappears (sans the land - but, often the land is rented from someone).

Hence it's nice to imagine buildings last forever, while paying back your 50 year loan on the house.




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