> I don't think we're reporting the distribution of compounded returns after N years anywhere, but there may well be something misleading somewhere — what specifically are you referring to?
The output, e.g. after 21 years. You'll write something like property value is X +/- Y. The problem is that the distribution isn't symmetric. In particular, being at X - Y is far likelier than X + Y, at least if I interpret X as a mean. In addition, the median is less than the mean, which is X?
> I believe we are just taking the sum of historical earnings! What suggests otherwise?
As I scroll over years, the net rental earnings are clearly not linearly proportionate to the year.
The output, e.g. after 21 years. You'll write something like property value is X +/- Y. The problem is that the distribution isn't symmetric. In particular, being at X - Y is far likelier than X + Y, at least if I interpret X as a mean. In addition, the median is less than the mean, which is X?
> I believe we are just taking the sum of historical earnings! What suggests otherwise?
As I scroll over years, the net rental earnings are clearly not linearly proportionate to the year.