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Wait a minute…
I think that people who believe real estate will go up in the long run are CORRECT.
Isn’t that kind of thinking heresy here? 🙂
Oh, for perrychase, I think that real estate is a better vehicle to get rich because of the formula below:
Return on real estate = (Cash flow + Appreciation + Depreciation)/downpayment
Using this formula, you can choose properties that can give you a rate of return better than 20%.
