Updated over 11 years ago on . Most recent reply
Buying real estate "is creating a class of fools"
http://www.cnbc.com/id/101826458
"Owning a home isn't just for suckers... it's creating a class of fools for those who do buy, because so many Americans continue to think home ownership is the passport to the so-called American dream."
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Not surprised the author is a stock fund manager. They don't make money when I buy homes instead of mutual funds.