It was a good long term investment because you could live in it and thus, avoid paying rent to someone else. But as a seperate investment to make a buck, I don't know that it's any better than any other kinds of investments. Of course it was good if you purchased in 1998 and sold in 2004. But then there have been down periods, such as between 1985 and 1995 -- that period saw no increases in prices for an entire 10 year period.

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