^ Just like any other investment it is about smart decisions. Buying at lower market times in areas that retain value/increase value is a prudent investment.
My wife and I have two rental condos. We bought in 2006 and only now is their value back to what we paid for them. Bad investment. We bought them to live in originally however. Our house has increased in value quite substantially because we bought in 2008, during the downturn, in a desirable inner city neighborhood. So far it has been a great investment.
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