I would normally not consider them except that, as Will pointed out, condos collapse a lot faster than houses during recessions and that has happened in Phoenix.

Like other real estate on the water in FL, as you know huge up swing then a collapse.

It would be interesting to see if there is a report out there on the world wide web that put more clarity to factual data on consumers, speculation investors, builders, hedge funds/wall street and their perspective roles or percentages to the collapse/meltdown/downturn or whatever you wanna call it.

Simple inflation 2. dollar collapse within the next 90 days and spiral into hyper inflation 3.

When the bubble collapses, the government (which has no surplus, btw) stimulates the economy further and the fed makes money even cheaper.

I'm a claims adjuster and deal with falling tree limbs, shorting outlets, collapsing trusses....all the unlikely things that occur on a daily basis.

People will still need shelter and pay whatever the post-economic collapse market dictates, won't they?

The other scenario I can see is the collapse of our economic system in which case there would be no more money for them to operate on and the states would break up into smaller communities.

The formerly lucrative student rental market is collapsing as students migrate to 'luxury' centers.And with downward pressure on home prices, the house I grab at fifty cents on the dollar can easily run out of refi equity.What I find is, that no matter how things change, those who succeed in this business first LEARN EVERYTHING they can, and then WORK THEIR ASSES OFF.Good luck and keep us posted on your adventures.

In my opinion, it is absolutely certain that our economy will COLLAPSE in the near future (next 2 or 3 years).