BusinessPublished
Dumbo Apartment vs Apple Stock: A Surprising Comparison
A 1,400 sq ft apartment in Dumbo, New York City, cost $400,000 in 1999. Today, it's worth $2-3 million. Compare this to investing in Apple stock, which would be worth over $300 million.
At a glance
- Dumbo apartment prices have increased by 500-750% since 1999.
- Investing in Apple stock in 1999 would be worth over $300 million today.
- The comparison highlights the significant appreciation in real estate values in Dumbo.
- Apple stock has outperformed Dumbo real estate investments by a wide margin.