In an article in The Wall Street Journal, Simon Constable argues that the housing market is a good investment and will begin to turnaround in 2011. According to analysis from Moody’s Analytics, housing is more affordable than it’s been in decades. The cost of a house is now equivalent to 19 months of pay for the average family, which is the lowest its been in 35 years. Because of high home affordability, now is a good time to buy a house, especially for buyers planning on staying in the home for a number of years. Constable also cites rebounding interest from investors as evidence that housing is nearing a recovery. More here.