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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: deeno who wrote (2132)2/25/2014 10:04:08 PM
From: John Vosilla   of 2722
 
It is all related and believe me appreciate your points....financial engineering, trickle down economics, DOW and NASDAQ up 20 fold, A 30+ year debt binge yet much of main street America housing prices are perhaps have gone up 2-3% per year compounded. . The divergence is quite stunning. You don't want to know what I am paying for typical 60's starter ranch homes comparable to Silicon Valley starter type homes today.

But even here locations on the water have skyrocketed. Remember this mobster?
randompixels.blogspot.com

I am not sure if he sold it in 1978 for $100k but it just sold in 2013 for $1.2M about 7.4% per year compounded..
bcpa.net
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