Business Week reports:
For the long-term homeowner (or patient investor), a home appears to be one of the better investments around, with minimal downside risk. “Housing is priced to earn its historic real rate of return of 0.5 percent to 1 percent and interest rates are low,” says Morris Davis, professor of real estate and urban land economics at the University of Wisconsin-Madison. “Now may be a once-in-a-lifetime time to buy.
