Yes Foot. That post was a bit off base, LOL!
My point was that on a historical basis interest for a thirty year mortgage is low and as long as you need to live in a dwelling why not buy? Real estate has been a good LTDH as long as it doesn't have the ghetto decay factor, LOL!
As far as your thoughts that J.Q. Public is clue less, DING DING!
Case in point, 1999, folks around the water cooler were complaining about "just getting buy". My coment was "this is as good as it gets" and it was!!!
BTW ,been totally debt free since 1999!
You just sound like you think real estate is a poor investment? Why? Is renting a better choice for those that can buy???