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A comment on How to retire at 30 on $1 million. Parent comment

Re:How to retire at 30 on $1 million by mattmanser on Wednesday August 25, 2010 @11:57AM (#1633202)
Unless he retired 20 years ago he's also talking in the context of the biggest property boom in history.

Even after the current crash they're still significantly overvalued compared to their historic prices, once you take into account inflation.

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Re:How to retire at 30 on $1 million by dLuna on Thursday August 26, 2010 @05:35AM (#1635484)
In principle I agree. On the other hand, if he has a positive cashflow from the property it doesn't really matter what its price on the open market is.
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