The market

[OAS]

Then why the hell would you buy? Why are people so hung up on short term market fluctuations?

Because since 1996 that's all it's been. There has been more wealth accumulated by playing the flucuations than by investing long term. Why do you think real estate has been booming since the mid 90's? It can't be because over 65% of Americans don't have adequate income to qualify for mortgages on the cost of new home construction. If so many Americans are buying new homes, why are multi-family properties being built at a 3 to 1 rate over single family? Real estate is the long term investment of choice right now.