by Dolores Farmer
- "The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline." (Time, December 1, 1947)
- Houses cost too much for the mass market. Today’s average price is around $8,000—out of reach for two-thirds of all buyers." (Science Digest, April, 1948)
- "The era of easy profits in real estate may be drawing to a close." (Money, January, 1981)
- "The golden-age of risk-free run-ups in home prices is gone." (Money, March 1985)
- "Most economists agree… [a home] will become little more than a roof and a tax deduction, certainly not the lucrative investment it was through much of the 1980s." (Money, 1986)
Don’t let the “experts” get you down; they are often wrong!!