Wednesday, April 20, 2011

The return of sensible America?

The KCM crew provides some evidence the the "get rich quick
through real estate" mentality that supported the late great
housing bubble may finally have dissipated.  Full post here.
Excerpt here:

This survey conducted by Fannie Mae showed:

96% of all homeowners said homeownership has been a
positive experience.

64% consider buying a home as a safe investment. Buying a
home was considered safer than buying stocks by over three
times the number of people (64% vs 17%).

The top four reasons to buy:

1.  It means having a good place to raise children and
provide a good education

2.  You have a physical structure where you and your family
feel safe

3.   It allows you to have more space for your family

4.   It gives you control over what you do with your living
space (renovations & updates)

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