The History of Property Real Estate

Herringraft index shows values of the houses are preserved, but they took 350 years and they barely doubled. If you'd chosen 1632 and 33 as the base period, there would have been virtually no increase in real house prices. So I mean, property real estate is an attractive investment if you're generating revenue or dividends through the rents. But people who think that in terms of capital appreciation, that it's the most fail safe long term bet, history seems to say otherwise.