ELI5 Lab Grown Diamonds - why do they have lower resale values?

ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast

How are lab grown diamonds made? Are they exactly the same? Why do they have different prices and resale values? Which is more environmentally friendly? How have cultural and social attitudes evolved?

... we explain like I'm five

Thank you to the r/explainlikeimfive community and in particular the following users whose questions and comments formed the basis of this discussion: pahpichulo, greenstrong, h0ly_s0x, twin_spoons and krimmson_

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