Property prices starting to unwind..., page-259

  1. 25,409 Posts.
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    What should be realized about property investment is that someone bought their property 10 years ago for $35000 and it's now worth 1.2 million, but can only get a 2% or 3% return on the expected house value.

    But if the calculation is based on the original investment and subsequent costs he is probably getting 10% return on his investment

    Then if he sells he gets a good CG also

    So a lot of people should learn the basics of accounting and investment before crying poor
 
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