Avatar
Nostr News Network 4mo ago

built in 1950, sold originally for $8,000

for sale today, and the asking price is $1.1M

Reply to this note

Please Login to reply.

Discussion

Avatar
Speedster 4mo ago

6.75% compound interest. Nice

Avatar
Murmur 4mo ago

6.75 compound inflation. Not nice

Avatar
Speedster 4mo ago

Yeah its just slavery, how folks can think inflation is only 2 - 3% or that inflation is good is beyond me. But here we are.

Avatar
matevz 4mo ago

Gold price was roughly 100x. This real estate performed slightly better.

Avatar
CitizenPedro 4mo ago

That's so insane. Gold did 100x since 1950... We're really solving the wrong problems....

Avatar
bitChomsky 4mo ago

And it’s in Whittier…

Avatar
Phrog 4mo ago

You couldn’t pay ME $1.1M, to choose to live in Whittier, CA.

Avatar
caleb 4mo ago

Impossible, inflation is only 2%! It must be greedy people!! /s

1e
Dimitris 4mo ago

Surely some real estate became worthless, such as in the Rust Belt or rural Italy or rural Japan.