My point is that real estate cannot be a good investment and affordable at the same time in the long run. In your example, if the affordable apartment stays aff

My point is that real estate cannot be a good investment and affordable at the same time in the long run. In your example, if the affordable apartment stays affordable the next 20 years then it’s not a good investment. In many cities that small apartment was good investment because now even those small apartments are no longer affordable (i.e downtown Denver, downtown Austin).