Everyone is getting into RE game. Again.

[George P.]

Of all my acquaintances most of people are looking into buying a rental property.
These are same people that were laughing from the idea of owning investment real estate. 30 (+/-5) years old group with stable income. But with no understanding of how and why. The notion is "Let's buy while it's so cheap and hold long term". Now mind it, they are looking to buy in (still) expensive areas where the property won't cash flow.

Anybody else is witnessing similar trends?