For the past 8 years houses did make some if not a lot of of people rich. Before that it took about 20-30 years to break even or make money. It was something people bought because they needed it, not so much of an investment.
In Japan, home prices dropped for 10+ consecutive years after the bubble began. Are we in the same trend? I am not an expert in this area, I let the statistic and numbers speak for themselves, therefore I decided to scuba around the world and come back just in time to own a home.