This worked great for 2 years and not so good when the Texas economy crashed in 2003!

I am young so I never really even cared to pay attention to real estate before the crash.

I had statistics in college, and I know this you can manipulate numbers in a lot of ways to represent whatever you want.Maybe he's taking out the low extremes in the data and not the highs, things like that.IMHO i wouldnt trust the source.From another point of view, maybe supply and demand is pushing up the prices because of the real estate crash in Las Vegas, Maybe investors are plannin on the real estate to get back to them numbers.

(There have been slimy lenders who may try to hide terms, and there are probably still some but, fortunately, most of them did not survive the last crash and the penalties for unethical lending are much worse now then they were 20 years ago.)

When the crash hit they removed the restrictions or bans because they wanted to avoid foreclosures in their building, but it is written in the bylaws and can be reactivated at any time, and they are starting to do so.  

So, I tied up money I should have used to invest getting into real estate in a business that went under and then real estate crashed so I didn't renew my license.

Both will teach you about real estate and will apply to you as an investor.My partner did mortgage before the market crashed in 2008 and was very, very successful.

@Joshua Dorkin Yes my BP app on my iphone also crashes sometimes when i am scrolling down the forum feed.

They are prosecuting the real estate professionals but the biggest criminals, the bankers, who benefited handsomely as the bubble inflated and then again when it crashed will never face criminal charges.

Barrier of entry is always high in the Peninsula, but once you get on the train, it is pretty much automatic and crash resistance.