Regarding the current housing market, it’s extremely difficult to separate fact from fiction. But, a report by Harvard University’s Joint Center for Housing Studies brings some much needed clarity to the situation.

Harvard’s study concludes that housing’s dominant role in the wealth of households and the overall strength of the economy WILL continue long after 2008’s painful correction has ended.

This report emphasizes that homeownership presents a unique opportunity to earn a leveraged return-on-investment. Few people can borrow money to purchase stocks or bonds, but a majority of households are still able to obtain a home loan. And, while there aren’t many restrictions on a home’s potential growth in value, any “losses” are limited to the amount put down and monthly payments.

The conclusion: In good times and in bad, housing remains the cornerstone of American wealth.

Click here if you would like to read this report