Quote:
Originally Posted by dyna mo
home prices have grown, what, ~3.5% per year since 2008.......
|
51k to 165k 12/2007 to let’s say 12/2018. Rented for $1200/ month which I took home about $600/month after expenses.
300% increase in value. With 14% annual cash return waiting to get there. Being the last one, this has the largest gain. I started selling when prices doubled. Stock market probably did close to this. Not saying I picked the absolute best vehicle but I did take adsvsntsge of the downturn.