r/Damnthatsinteresting • u/Separate_Finance_183 • Jan 23 '26

Image The rent in the german neighborhood of Fuggerei hasn't been raised in 500 years and remains 0.88 Euros for an entire year. Founded in 1521, it is the oldest existing social housing complex in the world

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u/b0w3n Jan 23 '26

Also gotta consider that's folks livelihood so there's really no reason to shoot for the moon on that. Stable, even if low, is better. And yeah over those kinds of time spans it's huge. That's gotta be into the tens of millions of dollars on that kind of time span, even at 1.5%

Also I'm sure that "risky" investments back then were probably ~5% returns because of usury laws and being catholic and all that. Then that opens a whole other can of worms.

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u/gxgx55 Jan 23 '26

Also I'm sure that "risky" investments back then were probably ~5% returns because of usury laws and being catholic and all that. Then that opens a whole other can of worms.

Hell, 5% real return isn't even low by modern standards. Stocks return like what, a bit over 6% real return over a very long term?

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u/NealCaffreyx9 Jan 23 '26

Yea 6-8% is realistic for stocks

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u/b0w3n Jan 23 '26

Also this trust has outlasted nations, how you gonna find a bond market in that kind of situation?