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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (2122)2/24/2014 12:09:18 PM
From: deeno  Read Replies (1) of 2722
 
"That is the problem.. In most of the country I'd bet both housing and wage increases were closer to 3% annualized over that period"

some people look at housing as an investment. I was just saying that 10% is not so amazing, compounding is amazing.

"Try compounding the annual wage increase over 40 years."

So? try compounding the stock market.

It was expensive back then, its expensive now. It did better than inflation as other investments have. Overpriced? probably, in 1972.

I just thought the original comment lacked perspective, thats all. no biggie.
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