But you need to do it within your means and be aware of how your own circumstances might change
This is the crucial point
Real estate as an investment is the same as shares, you can make money when prices are going up or going down, the only two times when you don't buy is when they are flat or when there are so chaotic that no one knows what's happening
The big difference between the two is time, housing is usually a long term proposition and the times when you can flip R/E are few and far between, mostly it is long term so any ups and downs don't matter because ultimately it is going to be worth more than it cost you.
So the big question is can you safely hold and service the debt the required time necessary to overcome the ups and downs
So all this discussion of markets up and massive drops are pretty much a lot of hot air, market of all sorts go up and they go down and anyone who says anything different is deluding themselves
For the uninitiated it's like going to the beach - do not overexpose yourself or you will be either burnt or in hot water
