I have shown people the Case Schiller home price charts and told them that we can expect house prices to fall to 1995 levels or lower. Japan has been fighting this trend for a long time. It is now starting to settle out. Real estate is not a good investment. Buying a home is a good idea, just don't expect more than accumulation of your value... you don't invest in a home, you buy shelter. You don't invest in a car, you buy transportation.
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