Owning a home has always been an American dream, and one of the best things a person can do to attain financial assets. Now, thanks to the Democrat destruction of the housing market, that’s no longer true for a large number of citizens.
Throw the bums out in 2012...
But owning a home is still the best way to make sure that you always have a roof over your head. If you just figure out what that is worth TO YOU, and pay only that much, then it really doesn’t matter what the housing market does.
It is an “investment”, but not to make money, but an investment in future lodging. Just as you might buy other capital assets now because they seem inexpensive, so you have them over the long haul.
At this point, I kind of wish I was organized enough to buy long-term food items because that’s another way to take money you have saved now and ensure that inflation doesn’t kill you later. Plus, while government could likely figure otu a way to steal your money later, it is unlikely that government is going to figure out to round up people’s stocks of food, clothing, and other basic materials.