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Showing results for tags 'devaluation'.
A friend bought a used car the other day for £8k, then found it had been last owned by a smoker. It got me thinking in relation to housing, and what % discount should be given. I don't recall this being discussed on hpc . Should a previous owner be required by law to disclose that they were a smoker? What about E-cigs ? Replacing drywall & carpets that are soaked with toxins is an expensive process . According to this DT article from Jan 16 http://www.telegraph.co.uk/news/health/12077562/Buying-a-house-from-a-smoker-could-prove-dangerous-for-your-health-study-finds.html A Bbc article from 2004 says £16k http://news.bbc.co.uk/1/hi/business/3457013.stm Scientific American article from 2009