The Motley Fool pounces on the National Association of Realtors (NAR), the press, and housing as an “investment”:
These are people who want us all to believe in housing as an investment, and they just happen to take a cut on the deals. Of course, housing, over the long run, is not a good investment, except for a very savvy few. It’s a roof over your head that tends to keep pace with inflation, but not in a straight line. But if you can’t afford your place because you made a bad deal based on reports of the never-ending happy housing story, that cozy home could be a personal finance time-bomb waiting to explode.
∙ I Want My Bubble Back! [Motley Fool]