financial advisers poo pooing on real estate

[Mike Dymski]

I listen and occasionally call in to a satellite radio show that helps listeners with personal financial matters (paying down debt, saving for college, retirement planning, asset allocation, etc.).  The show is great but every time I call (or a someone calls) and ask a question about real estate, the hosts advise against investing in real estate unless you are a real estate professional.  They are not advising against it for their own personal financial benefit, they just don't think it is a good investment option for their listeners.  Many people don't know what they don't know...