I don't disagree with you. But since I'm not the one who bought the apartment building 20-odd years ago, there's not much I can do about that. Currently the situation is what it is - there aren't any viable options to change it or build any real wealth in RE unless one has a LOT of money to put down - and I guarantee I can out-perform the rates of return you'll see in RE elsewhere. Ergo, it's just not worth it - right now. In time that may change (probably will) but not without significant market changes.
FOR NOW, RE is a lousy place to put one's money. Even old 944s are probably better.
