| As
a long-term investment, homeownership is still one of
the best investments for individual households. “Why”
you may ask? After all, the headlines say the housing
market is down and out, with defaults rising at an alarming
rate, and mortgage markets so frozen that buyers can’t
get a home loan at any price.
What buyers need to realize is that housing markets,
like all markets, inevitably have their ups and downs.
And homeownership has a track record that is virtually
unmatched by any other purchase in terms of its real
benefits.
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