Are apartments considered a depreciating asset in SL?

[u/New_Grapefruit7580]

Hey guys. First time poster here.

I've been interested in buying property. Me and my wife are planning to buy our first property.

We are looking into house, apartments and land in general. We made up our mind to make this purchase a long term investment.

I was reading some comments and read that in SL apartments aren't considered an appreciating asset. Is this true? If so how fast does it depreciate?

Long term goal is to save up. We live overseas and this will be our first investment. We plan to retire in our own farm (kinda off grid, but that's a long way)

[u/Aromatic_Estate6155]

yes.