In that article he discusses several good points:
- Housing has never been cheaper, and is a great buy today.
- Prices will soon start to rise.
- Tax-free capital gains when we sell a property
- That we can deduct mortgage interest and real estate taxes.
One other thing he talks about is "imputed rent". He says, "you live in a house and so it provides you with a real flow of valuable services. This part of the yield is counted as part of national income by the Commerce Department. It is the equivalent of about a 6% return on your investment after maintenance and repair, and it is constant over time in real terms."; i.e. if you rent, you pay a landlord. If you own a house, you pay yourself.