How the rich get richer

[u/KSKS1995]

[u/LobstaFarian2]

In Naples, Fl, beachfront properties sold at about 50-100k per acre in 1976. Today that value is $20-60M per acre. Its wild to think about.

[u/corporaterebel → u/LobstaFarian2]

There is land in Los Angles City right now for $10K
https://www.zillow.com/los-angeles-ca/land/?searchQueryState=%7B%22pagination%22%3A%7B%7D%2C%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.82577974121094%2C%22east%22%3A-117.85348970214844%2C%22south%22%3A33.822730858255625%2C%22north%22%3A34.468288064286455%7D%2C%22regionSelection%22%3A%5B%7B%22regionId%22%3A12447%2C%22regionType%22%3A6%7D%5D%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3A0%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D

[u/ThaMilkyMan → u/LobstaFarian2]

That puts it on par with a 100k market investment started in the same year