re: Lets talk about the housing bubble

And when interest rates go back to historically normal levels like 6-7% they will go back down in general.

I lost money on my first house after 7 years even before realtor fees and it was new construction. The benefit of a house is you have control over your own property and it will likely appreciate over the long term. The downside is they are hard to unload at times and can be expensive as they age.