The other factor here is how much rent goes up on an annual basis. In many places in California, I understand rent has gone up, on average, over 20% — each and

The other factor here is how much rent goes up on an annual basis. In many places in California, I understand rent has gone up, on average, over 20% — each and every year for the past couple of decades. How many investments in this world can effectively guarantee a > 20% APY? That’s way better performance than the stock market.