robert schiller on home ownership., page-32

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    "If you think investing in housing is such a great idea, why not invest in cars?" he asked. "Buy a car, mothball it, and sell it in 20 years. Obviously not a good idea because people won't want our cars. It's the same with our houses. So, they're not really an investment vehicle."

    very poor analogy.

    And anyway, there are many cars that would have made good investments in this way.

    Anyone who compares apples to oranges is a fool. Anyone who credits this fool with smarts is a .......

    Read more: http://www.businessinsider.com/robert-shiller-home-investment-a-fad-2013-2#ixzz2KuvAgXsN
 
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