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Old 05-17-2005, 11:27 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
$139k to $360k in 10 years for this house.

My folks just sold their house. they bought it 10 years ago for 139k and just sold it for $360. I was like wow it has gone up huge. Compounded yearly that works out to just less then 10% a year. It looks like it would be a higher percent. The power of compounding in action.
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