Hey guy's...Sorry is this is way off topic Ok, i do not know a huge amount about real estate, but i know some. Anyways, someone i know wants to get into real estate and he just told me he is going to buy a 600k house when he sells his 235k house. Since he only makes like 50k a year i ask him how the hell is he going to pay for it, and he said the market will keep going up (Live in Nanaimo, BC, Canada) So i asked him "what if it goes down" he said it wont, it can't...Sure the market is doing good where i live, but will there be a point to which the market will top out? I went on telling him about risk management and i could not back my self up because i cant really apply it to real estate. Please tell me how i can tell him that the real estate market does not ALWAYS GO UP!