Seven 'Harsh' Real Estate Investment Truths

Wall Street Journal real estate columnist Jonathan Clements offers his seven "harsh truths" for investing in real estate -- even when the market is "silly".

1 minute read

May 10, 2005, 5:00 AM PDT

By Chris Steins @planetizen

We have entered the silly part of the real-estate cycle, where folks are saying things and doing things that are utterly ridiculous. Don't want your housing foray to end in tears? My advice: Never forget these seven harsh truths.

...Even in today's booming real-estate market, making big money isn't guaranteed... When the current real-estate frenzy dies, the downturn probably won't look like the 2000-2002 stock-market rout, with its terrifying plunge in share prices."

Thanks to Chris Steins

FULL STORY: Real Estate: Can You Handle the Truth?

Sunday, May 8, 2005 in Wall St. Journal

Housing United States

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.