These are the things that the media would never tell the public.
I hope you find these useful...
- "The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline." Time Magazine, 1947
- "Houses cost too much for the mass market. Today's average price is around $8,000.00--out of the reach for two-thirds of all buyers." Science Digest 1948
- "The goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs about $28,000." Business Week, 1969
- "You might well be suspicious of 'common wisdom' that tells you, 'Dont wait, buy now.'" --NEA Journal, 1970
- "The median price of a home today is approaching $50,000.00... Housing experts predict price rises in the future won't be that great." Nations Business, 1977
- "The era of easy profits in real estate may be drawing to a close."--Money Magazine, 1981
- "Financial planners agree that houses will continue to be a poor investment."--Kiplinger's Personal Financial Magazine, 1993.
- And my personal favorite...."A home is where the bad investment is."--San Francisco Examiner, 1996
Fact National real estate values have appreciated:
88% Since 1996
340% Since 1977
685% Since 1969
2650% Since 1948