As many of you know, I love to pick on the media.  Whether it is a misguided opinion, or one that is just flat out wrong.  But today, in the Financial Post, John Greenwood got it right with:  “Clearing The Fog on Housing”

And he got it right by point out something that is actually quite obvious…there is no clear direction.  You have “experts” with equal knowledge and experience stating sometimes the polar opposite opinions.  We hear things like the housing bubble is going to explode, and then the next day about the “balance” in the housing market.

I think I am just going to stick with my thoughts from the other day.  Housing is a long-term investment, something that you need to buy, and hang on to in order to see a great return.  The longer you hang on, the more you will see.   Don’t place on a minimum of 3-5 years on a property, plan on a minimum of 7-10 years.  If you can take on this approach…housing will be just fine.