Just as I would have liked to have entered the real estate investment market in CA at the turn of the last century, as many of my family members did, I talk to lots of people who wish they had done so 20+ years ago when I did, but were too young, and/or unable to get involved at that point in time, so now, they are doing the best they can with the cards they have been dealt.
Like many of you folks–based upon the time they entered the market–they are doing just fine in that quest. Will it ever be as lucrative as it was for those who got in earlier, and were easily able to retire quite young if they chose to? I definitely think it’s possible, but only time will tell, since, IMO, there are far too many variables in the world to consider it a slam dunk.