I've never met someone who was pro-real estate as an investment factor in the carrying costs of the property it's all just real estate always goes up, its pure profit, whoever sold these people on the idea did a bang up job!

Offering people leverage and poor arithmetic skills, cutting interest rates for 40 years and nominal gains is one hell of a combination that's cooked generations!

I know so many millenials (my age cohort) that did what mum and dad said and are leveraged to the tits making payments with jack shit equity built up, it's wild!