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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...
66.67% gain (+200k gain / 0rig $300k purchase) - over 20 years avg is about 3.3 - 3.4% per year
All down hill from here.Just got home ugg long day