The Obamanation

[Happy Monkey]

Originally Posted by TheMercenary

But the long term investment is what pays off in real estate, unless of course you got in during the recent bubble. But even with that you should come out ahead in the long run. Smart buyers can really make this work to your advantage. Simply paying an extra payment a year makes a significant difference. Real estate becomes your real nest egg over time. If you move frequently it will never likely pay off. But if you are settled down, like me, I will make more than 50% back on my house sale if I sold it in 5 years (because it will be nearly paid off). I would disagree, real estate can be a real money maker.

Sounds like you are agreeing with me, not disagreeing. If you can afford to buy, you will make more than if you can't.