AA:21The followingappeared in a realtor’s brochure in a large city: “Now is the perfect time to buy a house in our city. Over the past five years,average home prices in our region have nearly doubled. But average stock pricesin the national stock market have actually declined over the same period. Sohomeowners have seen an increase in value for their housing investment duringthe last five years that far exceeds what they could have made by investing inthe stock market. Our city’s residents can surely achieve a similar profit overthe next five years. Furthermore, if residents invest in a home, they can enjoythe use of the home while its value increases, whereas money invested in stockswould not contribute to their quality of life in the same way that owning ahome would. Therefore, all the residents of our city should invest their moneyin a home.”