|
|
|
|
|
|
by DesiLurker
2652 days ago
|
|
|
Did you even read the calculation I did? please go back and read the comment and work it out yourself. >>> I'm 40 and have purchased three properties and sold one of them... well, based on what you said you are a real estate investor and are hardly representative of average joe. another way to think about it is the math is for the residential RE market as an aggregate and as an aggregate it takes a shelter buyer regular joe 30 years of earnings to fully own a house. if you have issues with that stat please take it up with Bob Shiller. the rest of math is self evident assuming 4 transactions throughout the lifetime 'on an aggregate'. |
|
|