Can real estate still be a good investment?

Can real estate still be a good investment?

Real Estate
That's a question we all ask ourselves today. Why? Because of the many stock market investors who speculated in real estate, the problems surrounding subprime lending with consequent foreclosures and bank failures, and falling home prices. If the late Dr. David Schumacher, my mentor for the past 10 years and author of the now famous book, The Buy and Hold Strategies of Real Estate, was still here, I know what he would say because he said it during the last recession in 1990-1995. It would tell us not to worry. This is only temporary and part of the normal real estate cycle. It creates bargains that can benefit you. This cycle has been going on since Montgomery Ward began offering homes for $1,500 through his catalogs. As sure as the…
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