The Author seems to be keen on selling the idea of buying home as an investment based on advice provided by Realtors themselves.Now that's credibility for you! Going by the US experience, the following myths have fallen flat on their face - 1) Property prices never go down. 2) Property as an investment always yields higher return fixed income instruments. 3) Buying property is always better than renting. 4) You can use the property for renting and have additional income (provided you have no loan obligation against the rented property). and many more....
People must be very careful against buying into these views and should make property decisions based on their income and investment (risk/return) profiling.
