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ianforbes / Ian Forbes
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2024-09-05 15:07:00

ianforbes on Nostr: J. Paul Getty on r̵e̵a̵l̵ ̵e̵s̵t̵a̵t̵e bitcoin "Almost every American ...

J. Paul Getty on r̵e̵a̵l̵ ̵e̵s̵t̵a̵t̵e bitcoin

"Almost every American family has its tales of fabulous real estate opportunities that were missed or ignored by one or another of its members at some time in the past.

“Forty years ago, my grandfather turned down a chance to buy 1000 acres of land at $10 per acre. Today, that land is worth $30,000 an acre...”

“I could have bought an empty lot at the south of end of Main Street for $740 in 1932. Last week, that same lot sold for $20,000...”

“We sold our house for $5000 just before World War Two. Now the land on which the house stood is alone worth more than ten times that amount…”

Such stories are to be heard whenever real estate crops up as a subject for discussion."
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