December 23, 2008

The case for homeownership

Yep, even in this economy!

Real Estate Insights, the online magazine from the National Association of Realtors, responds to the Wall Street Journal's skepticism regarding optimistic real estate homeowners and investors.

In The Housing Wealth Debate, Lawrence Yun, NAR Research's Chief Economist, comments on the same research and information as the Wall Street Journal while attempting to put it in a different perspective.

The issues he covers include - owning a home is still a good long-term investment, the rise of home prices, confidence in the rise of home value, the fundamentals of home pricing, and the investor and academic debate.

It's an interesting article no matter where you stand as a home owner or potential buyer.

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