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A comment on Investors bought a quarter of US homes sold last year. Parent comment

Re:Investors bought a quarter of US homes sold last year by dayjaby on Wednesday August 24, 2022 @12:31AM (#32575012)
Isn't it an exponential formula instead of a mere multiplication? 1.02^33 ?
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Re:Investors bought a quarter of US homes sold last year by onlyrealcuzzo on Wednesday August 24, 2022 @05:43AM (#32577081)
If you put 3% down on 100k = $3000.

If prices appreciate 2% = $2000.

$2000 / $3000 = 66%

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