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I have a spectacular idea. Plot a graph of median home price over the last 50 years or so in your area. Then find the average return. Next compare the average return over the last 50 years to the average return of the last ten years.
Finally, put your money in a CD or Moneymarket that has almost no risk and laugh while you earn 6% until this market takes a dump. After it does, buy yourself two "first" houses and rent one out. Create some wealth and assets instead of following those with too much slick financing down the tubes.
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All truth passes through three stages:
First it is ridiculed
Second, it is violently opposed and
Third, it is accepted as self-evident.
ARTHUR SCHOPENHAUER (1788-1860)
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