The World of finance - 401K & Housing

Is this title too complicated to understand? That's how I, and perhaps a million others feel in trying to keep up with today's ever changing times.
It is October 10th, 2008, and many of us wonder what turn the real estate market will take, as well as where our economy is destined to go.
One thing that occurred to me after watching the 401K lose value was that now, more than ever, it's safer to purchase a home than to have your money tied up in a 401K! The tax reductions you’ll receive will supercede what you’re not going to make on your 401K, and the home values will only increase.
Of course, there are lots of iiff's.... But where is the certainty? Let's find a home together so we can build equity and a brighter future!