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If a piece of property is now $500,000 and was bought 20 years ago @ $300,000... what percentage gains is that,???... yearly gains... help... cellie...
 
If a piece of property is now $500,000 and was bought 20 years ago @ $300,000... what percentage gains is that,???... yearly gains... help... cellie...

66.67% gain (+200k gain / 0rig $300k purchase) - over 20 years avg is about 3.3 - 3.4% per year
Could be slightly less per year due to compounding
 
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66.67% gain (+200k gain / 0rig $300k purchase) - over 20 years avg is about 3.3 - 3.4% per year

Ok thanks, that 3.5% gain is better than other increases on some high rise units here along the Fort Lauderdale strip, surprising... a diversified stock fund will outperform this real estate thing,; contemplating buying or renting, ... cellie...
 
Yes.
LoL
My own guys don't know that, but since you pay closer attention....Now everyone does.
My work guys you met, think im upstairs in the office.
LoL

Luv me Some Cellie
If I had one Cellie , He could replace all my guyz.
And I would take over the World.

?
 

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