Seven 'Harsh' Real Estate Investment Truths

Wall Street Journal real estate columnist Jonathan Clements offers his seven "harsh truths" for investing in real estate -- even when the market is "silly".

1 minute read

May 10, 2005, 5:00 AM PDT

By Chris Steins @planetizen


We have entered the silly part of the real-estate cycle, where folks are saying things and doing things that are utterly ridiculous. Don't want your housing foray to end in tears? My advice: Never forget these seven harsh truths.

...Even in today's booming real-estate market, making big money isn't guaranteed... When the current real-estate frenzy dies, the downturn probably won't look like the 2000-2002 stock-market rout, with its terrifying plunge in share prices."

Thanks to Chris Steins

Sunday, May 8, 2005 in Wall St. Journal

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