Buying a house may not be a brilliant investment tool but it is likely to be a great saving tool. When faced with retirement one only has to ask, do you own a home? If you do, you are sitting on a good chunk of cash. If you have been only renting for your life, where is your money? Likely gone towards rent.

Part of the problem here is that what is meant by housing a condo and houses or just houses. Because as I see it condo prices are very high for what you get. So, maybe i should write a book and get on television, but i notice that there is no one else who agrees with this person who is an investment advisor. So, if interest rates are low now, what happens when the bubble bursts, the question has not been answered, what happens to municipal tax rates that are based on house value. The alleged bubble burst issue only leads to more issues or problems. So, maybe the investment gurus should get together to figure out what really may happen and not dealilng with it in a nutshell of one.

References:

Israel, S. (2014, October 2). Housing market a bubble set to burst, Hilliard MacBeth says. <http://www.cbc.ca/m/news/business/topstories/housing-market-a-bubble-set-to-burst-hilliard-macbeth-says-1.2784511>