Anyone still own property from the 2000s Housing crisis/bubble?

[Jay Weathersby]

Am I the only one that still owns property from the mid-2000 Housing crisis/bubble? I built a new home in Northern Virginia in late 2005 and watched it lose 50% of its value the next few years. I was over $200,000 in negative equity. Instead of a short-sale or strategic defaulting I rented it out to cover the mortgage. I’ve been renting it for over ten years while watching the value increase near what I paid for it. This time patience has paid off for me.

[Steve Vaughan]

Originally posted by @Jay Weathersby:

Am I the only one that still owns property from the mid-2000 Housing crisis/bubble? 

Not the only one, but it seems like it sometimes, doesn't it?  So many podcast guests - 'We'll, I started investing in 2009...'

I still have all of my multis purchased from 2003-2007 but just 2 houses.  Sold 5 houses over the last few years as they became vacant and were facing cap ex , roofs and HVAC mostly.  When you went through the grc you recognize a good market to offload.  The music will stop someday.

People say all the time that they will buy like crazy in the next downturn. Easier said than done.  Credit dries up and fear is real.  I guess we'll see...