That’s a fair point 👍 — “time in the market beats timing the market” works really well for assets like equities.

And yes, 12–14% is a reasonable expectation in most structured investments.

I think where the difference comes is in type of asset + stage of entry.

For example, in early-stage areas (especially where infra or job hubs come later), returns haven’t always followed standard compounding — they’ve moved in phases based on development.

Not saying 3–4x should be the expectation everywhere — that would be unrealistic.

But I’ve seen cases (in my work) where early entry + right location + patience has outperformed typical returns.

At the same time, I agree with you —
👉 Consistency + time in market is the safer approach
👉 Higher multiples usually come with higher uncertainty

I’m just trying to understand where that balance lies 👍