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I agree with investing in property, but I strongly suggest doing tons of research before making such a large investment. Think of all possible caveats before getting yourself in over your head "if I lose my job, how will I afford to pay for my mortgage?"; will I have money left over each month for any potential repairs (from small things to HUGE problems, there needs to be a plan).
Real Estate is not always just as simple as buy and reap the benefits, but if done right it is certainly a GREAT investment vehicle. Don't buy the home looking at the past three years of value having shot up XX% and think it is going to continue to shoot up that much or that quickly. Luckily, the current state of the housing market does show that it is capable for housing prices to fall back on themselves. Don't buy a house thinking you are just going to offload it in three years and make a HUGE profit because you held onto it. Have a longterm plan, and if it so happens that housing prices do jump up and you can reap the benefits in the shortterm, go for it.
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In the Absence of Information People Make Things Up.
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