There are lot of variations of this, but according to Big Ern. “The average compound return adjusted for inflation from 1922 to 2022 was 7.2%.”
Ps. commented reading topic from top, but I see some others put also similar numbers from 7% almost 8% in different time frames and etc.
Some time ago I used to see articles stating that there are from 60 to 70k free apartments (Size of Bern?) in Switzerland. Of course majority are in sub-urban areas.
Yes, there is big immigration and now we have some refugees from Ukraine etc. Demand is high.
But, I think I asked this before - when would Pension Funds will decide to swap RE to other assets? Maybe never?
PPS. my PF fund gave me last year 7% despite incurring loss on investments. That’s interesting business model.