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Old 11-04-2019, 10:39 AM   #829
OMG!WTF!
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Quote:
Originally Posted by burn_this_city View Post
You mean 100% annualized returns on housing are atypical?

https://www.theglobeandmail.com/cana...-cant-stomach/

My heart goes out to these people, $40k house in 1973 is worth $4MM. They've made $88k a year on their home over 45 years.

It actually sucks for a lot of people who can't afford to live in the house they've lived in for the majority of their lives. On one hand it's a good problem to have but on the other it is a bit of an unfair or maybe unfortunate situation.
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