Your property doubled in value great. But did it beat inflation?
I bought a condo for 105K. Today it’s worth around 240K.
Sounds like a win… until you realize that was 30 years ago. That’s barely 3 to 4K per year.
Now factor in fluctuating HOA dues, special assessments, and weak cash flow this wasn’t a wealth-building deal. It was a slow bleed.
Appreciation without strategy isn’t a plan. It’s a delay.
Comment #Inflation to get the guide on Understanding Inflation and Real Estate and why time alone doesn’t grow your wealth.
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