That's what everyone in America was saying in 2006. Now there are millions underwater in their mortgages. Best investment indeed.
The demographics of the area you buy a house in can change dramatically which affect your house's price, even if the housing market is doing great as a whole.
There are tax advantages, however.
It also depends on the rental market in your area if you'd save more owning or renting. Owning also brings on additional stress with maintenance and repairs.
"I went to the Home Depot the other day, which was unnecessary... I need to go to the Apartment Depot, which is just a big warehouse with people standing around saying "hey, we ain't gotta fix shit!"" - Mitch Hedberg
The demographics of the area you buy a house in can change dramatically which affect your house's price, even if the housing market is doing great as a whole.
There are tax advantages, however.
It also depends on the rental market in your area if you'd save more owning or renting. Owning also brings on additional stress with maintenance and repairs.
"I went to the Home Depot the other day, which was unnecessary... I need to go to the Apartment Depot, which is just a big warehouse with people standing around saying "hey, we ain't gotta fix shit!"" - Mitch Hedberg