Bonds don’t give a dividend either, given the real rates are still negative around the world. Property is illiquid and SP500 p/e is 75% higher than the long term average, so dividends are accordingly extremely low...barely enough to cover inflation.
https://www.multpl.com/s-p-500-pe-ratio/table/by-year
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Bonds don’t give a dividend either, given the real rates are...
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