Re:The U.S. Housing Market vs. the Canadian Housing Market
by lumost on Saturday September 09, 2023 @04:06PM
(#37449725)
Considering the above scenario where real estate is gaining at 75k per year. A wealthy individual could easily leaver themselves to 75*5 = 375k/yr. Using the starting cost of a home at 600k, this would equate to an average rate of return of about 300%
Such rates of returns are simply impossible in the general stock market without getting very lucky.
Such rates of returns are simply impossible in the general stock market without getting very lucky.