To All Those That Are Enticed By Flashy US Real Estate Investments

..... please watch this.  Yves Smith of Naked Capitalism and her book Econed have given new perspective to the economic malaise of the US and globally.  Her take?  Housing has another 4 years of chop to go through.  So is US real estate a good investment?  I'm not convinced from my perspective quite yet.  Unless of course you do not have a problem with an investment that has a good likelihood of losing value for the next (several) forecast period(s) - some say a recovery in housing will not come in ten years - others say it will never recover to previous levels.  From an investment strategy perspective - that uncertainty along would keep me out of the3 market - unless I was somehow shorting housing (again).