You always leverage real estate, buy the biggest house you can, its the biggest write off there is. Those who donot own real estate are shoving dollars into Uncle Sams lap right now. Property taxes are a natural part of living in American and its not a rent , the real estate is a fee simple, its your own deed and there are no other ownership rights.
We are in a real estate recession. There is a downturn, but its a temporary downturn. You can't have it for a longtime. It never lasts. Yes you can buy real estate for 50 cents on a dollar now.
Hey stupid, We are in a real estate recession. Unless you are drunk. There are always properties going for 50 cents on dollar good times or bad times. You need to know how to buy. Lots of people here are waiting for a 50% drop that ain;t gonna happen in this lifetime.