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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (384)8/28/2001 1:15:23 PM
From: chomolungmaRead Replies (1) | Respond to of 306849
 
It includes my father, who at 89 is still living a mile from me in the house he bought in 1952 for $14,000 and could sell today for $250K.

That comes to a compounded rate of return of 7.7%.

Inflation over those same 39 years was 5.9% leaving a real return of less than 2%.

During that same period, economically productive assets, as measured by the S&P 500 returned 10.4% and that's excluding dividends.


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