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.
replyIf you had invested the 83k in the S&P500, you'd be slightly ahead I think if you include maintenance and property taxes.
replyhttps://www.in2013dollars.com/us/stocks/s-p-500/1997?amount=...
If you count the S&P 500, you should also count 20+ years of rent, right?
replyYou 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.
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