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Pieter Levels

7 Jun 2019, 10:42

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The person who bought the $150,000 condo did a good job, and is lucky. Lots of people aren't so lucky.

In fact, most home owner will see a price increase, but if we adjust it for inflation and markets, they usually UNDERPERFORM the S&P500 or similar markets. https://t.co/VCfNsswcoB
Pieter Levels ✨
$150,000 invested in the S&P500 in 2011 would have returned $266,000 (+77%) That's $16,000 (or 10%) more than buying below condo and selling at $250,000 (+66%). Home owners don't realize most price increase comes from the markets, not them. Source: https://t.co/2swsMrZxOF https://t.co/JWnvY8j9kI
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