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mattmanser on Aug 25, 2010 | parent | context | favorite | on: How to retire at 30 on $1 million

Unless he retired 20 years ago he's also talking in the context of the biggest property boom in history.

Even after the current crash they're still significantly overvalued compared to their historic prices, once you take into account inflation.

dLuna on Aug 26, 2010 [–]

In principle I agree. On the other hand, if he has a positive cashflow from the property it doesn't really matter what its price on the open market is.

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