Stamp Debate

[BenMiller]

Idk, but how about a building? A skyscraper with one broken window cannot possibly be worth a penny less!

 

[circledchicken]

Idk, but how about a building? A skyscraper with one broken window cannot possibly be worth a penny less!

If the window doesn't add any value whatsoever to the skyscraper - why go through the trouble of fitting it in the first place?

Lets assume the overall value of the window to the worth of the skyscraper is only one penny (I think it would be significantly more..) - isn't that still a fall in the value of the skyscraper by one penny? It may not be enough to merit the efforts of the appraiser to revalue the entire skyscraper, so he/she might choose to ignore it for the moment - but the skyscraper has still lost some value.

If the deviant who broke the first window goes on a rampage breaking a thousand more windows, then surely it starts adding up at some point and the appraiser can't ignore the losses in value forever (however incremental they might be).

 

[xladept]

What was I thinking?

You owe me $100K having ruined the pair.

<table border="0" cellpadding="0" cellspacing="0" width="342"><colgroup><col width="342"></colgroup><tbody><tr height="17"> <td style="height:12.75pt;width:257pt" height="17" width="342">You can't do one thing. XLAdept</td> </tr></tbody></table>

 

[Jonmo1]

Again, we're talking about the difference between
1. The appraised price
2. The price that a 3rd party actually pays to complete a purchase transaction.

And a broken window most certainly effects #2.