well I am enjoying the topic... not the end for me and for those who think this was a one off event
my parents bought some land, in a regional town, 1942 they paid $5000 pounds not dollars for 10 acres... the land alone today would be worth 4 million at the lowest price so what is that over 70 years... it was not all roses, it was the opposite, with all the doom and gloom post depression
an associate bought a little dog box of a house in Armadale, Vic in the mid 1960's for $10,000 dollars today the tiny block of land is worth a million..the house worthless
its is not so much an increase in value
***the star of the show, is the depreciation and devaluation of your dollars....they are almost worthless, compared to the value in the past good assets will always reflect an appreciation of the dollar value, rather than a devaluation
