tennants make 16k on your property, page-10

  1. 150 Posts.
    When you baby boomers tell us what a great investment your house was in 1993 or 1983 or whatever that is about as useful as a smokin hot sister!


    You guys are like gold bulls who talk themselves up because they bought gold in 2000 or tech-heads that bought Microsoft in 1994.

    In other words, it's great for you that you have had a massive win, but it means absolutely nothing in terms of the likelihood that those windfall gains will be repeated. In fact, if anything, it only underscores just how incredible the rise in real estate has been and causes me to reflect on the huge odds against those gains being repeated!
 
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