|
|
|
|
|
|
by trashtester
746 days ago
|
|
|
> A single peice of land may or may not appreciate. but a diversified portfoilio of land will always appreciate if the last 10,000 years has anything to say about it. I believe there are large parts of Europe that would take centuries if not a millennium to reach the peak value it had during the Roman Empire (measured vs gold). In general I agree, though. A portfolio is fine. Most people tend to have most of their "savings" in a single property though. As an example, what do you think this $2500 property cost when it was new? (Edit: make that 1965, since it's quite old.) https://www.zillow.com/homedetails/3226-Columbus-St-Detroit-... |
|
|