Specific housing markets can crash. And losing is relative, if you bellied up and leveraged in a highly investor based market youll come crashing down harder than expected.

If you want to invest, it's best to do it in major metropolitan cities with low investor ratio and make it a short term rental...headache of managing tenants is a real bitch, rather just own the financial asset(REIT). Or something different like agricultural land, but you gotta produce to qualify and return. I've gone both ways and still hate the headache of the physical ownership. I'll cash out later in life. I'm trying to get my asset base more equity and Bitcoin driven.