Posted by: janellehilmes | August 24, 2010

Is a home a good investment?

Streitfeld, David. “The New York Times Log In.” The New York Times – Breaking News, World News & Multimedia. Web. 24 Aug. 2010. http://www.nytimes.com/2010/08/23/business/economy/23decline.html?_r=2&hp.
 
This article in The New York Times argued that the housing market will not recover. Many real estate experts say that housing is just not a good investment anymore and that it may not pay off in the long run. It says that housing values will always keep up with inflation, however they will not always make the owner money. The thought of this is scary because throughout history, the housing market has always been a way to make money. We don’t know what the future holds in terms of the economy, inflation, or the housing market. I believe that the housing market will pick up, and soon real estate will be a good investment again. Everyone has to live somewhere, so homes of all price ranges will always be in demand.
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Responses

  1. Nice job Janelle: is real estate an interest of yours? Just curious.

    Keep up the good work!

    Mr. A

    • Real estate is not really an interest of mine. I just thought this article was interesting from more of a business side.


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