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I think this bust his horseshit to a certain extent. I have plenty of real estate investments and all have them are doing great. Even my families properties that saw the last real estate bust in california all made it through worth a lot more then they should be. I think the botom line is real estate is always a good investment if the properties are chosen wisely. A 2 million dollar house has some risk because people won't always be able to afford that and investors are hesitant with large properties. But on the other hand if you go buy 5 pre contruction condos in az or nv for 150-300k i would have to say your pretty safe because no matter what you can always rent brand new low cost places at their mortgage. Invest wisely and real estate will do great for you.
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