Out of curiosity I looked for the house that couple is selling. Believe it's this: https://www.zillow.com/homedetails/30206-Telluride-Ln-Evergr... Notice the price history. 83k in '97, which is about 170k now. Being sold for a 10x profit. Sigh.

fvrghl a day ago | parent | next [-]

If you had invested the 83k in the S&P500, you'd be slightly ahead I think if you include maintenance and property taxes.

	▲	munksbeer 13 hours ago \| parent \| next [-]
		What about if you had 8k as a deposit only, so you either invest in S&P500 and rent instead, or put the deposit on a house and repay the mortgage? That's the more equivalent scenario.
	▲	bobbiechen a day ago \| parent \| prev \| next [-]
		If you count the S&P 500, you should also count 20+ years of rent, right?
	▲	myvoiceismypass 9 hours ago \| parent \| prev \| next [-]
		Most people are putting up 5-20% of the purchase price, so closer to ~16k -> ~225k after 28 years.
	▲	annodomini2019 a day ago \| parent \| prev [-]
		You don't get to live in the S&P500. Also don't really get the point of this response. Both just prove assets are wildly out of reach for young people now compared to then.

kmeisthax a day ago | parent | prev [-]

[dead]