I did this math recently for a real estate investment. We're in a pretty hot market, but not growing at anywhere near the pace of Atlanta or Austin. Suffice it

I did this math recently for a real estate investment. We're in a pretty hot market, but not growing at anywhere near the pace of Atlanta or Austin. Suffice it to say that if the property appreciates at merely the inflation rate, it will have the same return as a typical index fund, with a better tax disposition.