$24,000 in house in 1978 now $1,000,000. Plus 40 years rent average $250/week. (Presently $650)
Total $1,520,000
Less rates, taxes, insurance and repairs average over 40 years @ $2000/year (generous) = $80,000
Total profit $1,440,000
$24,000 in silver at $6, now $16.65 = $42,600. Profit.
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