Also, yes in the stock market if you are getting a 4.5% rate of return, like on an S&P 500, that is really good growth. Real Estate has more rapid growth. In fact if you don't get at least 50% after 7 years or 7% rate of return, your property is not giving you a good return on investment. I can speak on this I have an MBA .
First: Real estate has never had better growth than equities. It always trails equities by some percentage.
Second: Getting a 4.5% annual return out of stocks in mid-to-long term is considered a very poor performance. You might as well buy bonds and not bother with stocks.
Third: Getting a 7% return from true rental properties (not speculative ones) is almost unheard of these days. Unlike stocks, you can't add the potential selling price of a property to its annual returns. That's not how rental investment works.