• D61 [any]@hexbear.net
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    7 days ago

    Yeah, so long as nobody sells those assets the loss is “unrealized”.

    Like… Your neighbor buys their house for 200,000. They watch the housing market in the are and keep track of the estimated sale price for their house.

    If this year, their house could potentially sell for 250,000 but they don’t sell. You could think of it as an unrealized “gain”.

    If next year, their house could potentially sell for 190,000 but they don’t sell. You could think of it as an unrealized “loss”.