Homes are for living in, not speculation.

Homes should not be like a 401K. Yes, an investment, but not something you should be relying on to make money. An investment for having a comfy roof over your head. An investment for having a family. An investment to die of old age in hospice. An investment for your children to inherit when you die.

This is the way we all looked at it 40+ years ago. If China is smart, this is the way they will look at it too. It is an opportunity to recover.... to recover from unsustainable overpricing and corruption!