You have been exposed to two columns on the "magic of real estate today" and your reaction is basically non existent. You have read my feeling about the current state of affairs in the real estate arena and you are moving toward the side of what if I don't agree, don't care or don't even want to hear or think about real estate again? The answer is nothing. Plain and simple, my life will go on and so will yours. I will move on my beliefs
and you won't, but you may move on some other beliefs instead that will hopefully do you some good.
I have found, however, over the years (actually decades) that usually most people will not move on anything at all. They will continue doing what they did before and are content (?) to keep doing the same thing for as long as they can. And by the way there isn't a thing wrong with doing that. It is your clock that is ticking and your future is simply your future and no one else's future.
Unfortunately I am a meddler and choose to meddle in your future and anyone else's future who will allow me to do that. So let's get into it now. Real Estate has so many utilities
it is hard to know where to start First and foremost it is an inflationary hedge: actually
protecting you from the ravages brought by inflation. That is for the most part. One of the
myriad of reasons why real estate increases is inflation and if it ever gets going as it did in the 1970s and 1980s you will see major increases in the cost, and subsequently, the price
of real estate. This isn't true of your car or your savings account and therefore should give you some anxious thoughts about what you would do if inflation continues to grow.
Failure to consider real estate tends to lock most people, not living in a major metropolitan area or one of the many other desire able areas in the country, into their location. For some this is fine, for others a pending unpleasantness at best, a disaster at worst. The disparity from a cost standpoint continues to grow, even in a bad real estate market. Have you given this any thought? Do you wish to give up alternatives at this point in your life, even if you weren't going to actively pursue them until you are much older?