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Originally Posted by Quicksilver
I consider myself as average and i suppose
my circle of friends could be considered average
as well and everyone i have ever talked to about buying
a home did their homework. Weather it was
an investment or not.
Even a lot in California can be very expensive so
the complete package has to be reviewed and considered carefully.
Yes there where a lot of folks out this way who bought for
all the wrong reasons and didn't do their homework.
Or they Knew what they were doing and hoped to beat the system.
Would i call them average? I couldn't say.
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Exactly. So the blanket "unless you're buying for profit, rent" statement makes very little sense to the average person. I'm kind of curious of the notion that the two individuals posting saying in the lines of "it is an investment" are both from California 
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