4 things you cannot avoid in life:

1) Death
2) TAX
3) Paying money for food.
4) Paying money for housing.

You either pay rent to your landlord investor. Or you pay mortgage interest to your bank. You are absolutely right that there are always a buyer market for housing. That is why housing market is one of the safest investments man can find during his life time, as long as he has enough patience to ride over the cycle of up and down.

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On average, a family stays in a house only 5-8 yrs... -GD2- 给 GD2 发送悄悄话 (124 bytes) () 07/08/2006 postreply 16:13:34

No investment is 100% safe, but housing relatively safest -miat42- 给 miat42 发送悄悄话 (975 bytes) () 07/08/2006 postreply 16:22:32

Shiller showed less-than-1% return over inflation for... -GD2- 给 GD2 发送悄悄话 (98 bytes) () 07/08/2006 postreply 16:35:30

1% return over inflation over 200 years is DAMN GOOD -miat42- 给 miat42 发送悄悄话 (1873 bytes) () 07/08/2006 postreply 17:00:55

When did he say "crash as early as 2000"? -GD2- 给 GD2 发送悄悄话 (134 bytes) () 07/08/2006 postreply 17:48:37

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