Maybe if you saved it all in cash. But who does that?
If you invested the first $100k and earned a very modest 4%/year. After 2000 years you’d have $1,165,946,431,999,999,965,770,988,108,697,149,898,752
This is my go to evidence that the whole beliefs that real estate values always increase is absurd.
If real estate prices always increase, even modestly, then an apartment in Rome or Paris would cost hundreds of trillions of dollars. Obviously that’s not the case, and since land speculation isn’t exactly a new thing, there is a correction somewhere.
Maybe if you saved it all in cash. But who does that?
If you invested the first $100k and earned a very modest 4%/year. After 2000 years you’d have $1,165,946,431,999,999,965,770,988,108,697,149,898,752
This is my go to evidence that the whole beliefs that real estate values always increase is absurd.
If real estate prices always increase, even modestly, then an apartment in Rome or Paris would cost hundreds of trillions of dollars. Obviously that’s not the case, and since land speculation isn’t exactly a new thing, there is a correction somewhere.
it’s balanced out by the fake estate business
a true yin to its yang
On the flip side if you invested in the equivalent of the Roman SNP500 you’d indeed have a gazillion denariuses.
what’s the euro to sesterce exchange rate these days?
Huh when did a standard investment system like that start