Timing is indeed everything. I bought several houses in 2005 and 2006, back when they were giving out >100% LTV mortgages like candy. Then moved and bought again at bargain prices in 2009 after the 08 crash. Now in my primary home since 2014. All along I kept those properties and am making decent returns. Real estate has worked out for me, but everyone's situation is different.
Timing is indeed everything. I bought several houses in 2005 and 2006, back when they were giving out >100% LTV mortgages like candy. Then moved and bought again at bargain prices in 2009 after the 08 crash. Now in my primary home since 2014. All along I kept those properties and am making decent returns. Real estate has worked out for me, but everyone's situation is different.