Several times in recent days we have received article about how bad housing is as an investment, when in the prior decade not a single word was written against such wisdom. Indeed tens of thousands of pages, particularly the "glossy types". were written on how borrowing five or more times salary to out into a non liquid asset was the best one could do.
Talk about all ones in eggs in the same basket.
Today, I received another article that clearly states the pitfalls; I just wish this had been written ten years ago, it would have saved everybody a whole lot of heart ache.
