Buildings depreciate at a slow rate; they are expected to last for decades; 
computers
depreciate rapidly.  So, as investment shifts to computers from buildings, 
depreciation per $
of investment increases.

On Tue, Jun 13, 2006 at 10:29:59PM -0700, Sabri Oncu wrote:
> Michael:
>
> >
> > Sabri:
> >
> > > Dear Michael,
> > >
> > > Can you be more explicit? What you mean by structures is not
> > > very clear to me.
> >
> > Buildings.
>
> Can this have something to do with the capital versus operating leases in
> the US?
>
> Like, many corporations have "sold" the buildings they bought to a bunch of
> lawyers who built a shell company and later "leased" the buildings they
> actually owned from that shell company.
>
> But this would slow down the speed of depreciation, wouldn't it?
>
> Is this not similar to that Citigroup owns the second largest air fleet
> after the US air force also decreases the rate of depreciation for the US
> airlines?
>
> What can be the trick here?
>
> How do Citigroup and these shell lawyer companies depreciate the "assets"
> they supposedly own and to what effect?
>
> Sabri

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

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