Originally Posted by rambler

Actually, son, I own many properties and I can assure you that their "real" values can decline for the long term.

At their peak, Vancouver prices in real terms were 55% above their 1980 level, whereas today, they are 40% above the 1980 level. In other western markets(such as Calgary),however, real prices today are lower than they were in 1980 ? 25 years ago. This is just one example for those who believe one can never lose money in the ?fail-safe? investment of real estate. Timing is everything. Markets can go through long periods when investors make no money in real terms.

Real estate markets are not all the same.

You may now continue with your insults, 12clicks.