Larry Kudlow on the Tax-Advantaged Housing Market 2005 on NRO Financial
Another take on real estate, one worth reading. Contrast this with the following article from the LA Times in the post before this one.
My point is not that there is or isn't a real estate bubble, simply that there are plenty of points of view and we don't know who will be right. The future is truly unpredictable, of course in some areas housing prices are down right ridiculous.