Great Reading - The Housing Market Over The Years

This was one of the best collection of quotes that I have seen in a while that truly set perspective! Gloom and Doom seems to have been a trend over the years each time there was a dip in the housing market, but as we are aware today, things have always found a way out and upward! So, read these and smile, then pass them along to anyone you'd like - if you are an agent, your clients might like to see these, if you are a homeowner - take heart!

"The prices of houses seems 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 goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs $28,000." (Business Week, September 4, 1969

"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)

"Financial planners agree that houses will continue to be a poor investment." (Kiplinger’s Personal Finance, November 1993)

AS ALWAYS, BE INFORMED and CHECK BACK HERE OFTEN