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But the reality is that those that bought 10 plus years ago are getting big ROI, you said so yourself. You must think people are pretty silly if you think that. I've been sourcing and buying the same deals as I did back then, something that leaves me not to much out of pocket in the short term...

Assuming they bought their property today. If they bought a million in property 10 or more years ago they'll be getting a lot better than 3-4%