So that’s a10 year CAGR of 12.33%.
Australian Mean Dwelling Price*
2012 Q1 - $488,600
2022 Q1 - $930,600
A 10 year CAGR of 6.65%💀💀💀
* https://tradingeconomics.com/australia/average-house-prices
Indeed. RE provides an illusion of “making money” but in many cases does not
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