Bull or Bear??, page-57

Or this. I borrow to buy, you rent my house you pay the mort gage though your rent. I only had 10% say $50k of 500k purchase. The house only goes up by inflation let's be fair and say 3%. In ten years the house is worth 672k. I invested 50k. But now have 172k in equity that is over 16% year on year for 10 years on my 50k investment. Not to mention rent increases that you pay.