Unlike stocks, where market investors may be world wide, having unlimited supply of similar alternatives with high liquidity, real estate is just the opposite. 

As tech makes many processes and things cheaper, we basically need less people working to meet worldwide demand.

Just my two cents based on my 20 years experience in the field of forecasting and money management (I was also a semi-professional Black Jack gambler).God Bless You.

When there are concerns about worldwide growth the dollar will appreciate.

As bad as the publicly traded SFR REITS have been beat up by Wall Street since their IPOs for poor execution of their models and failure to make it into the black at their quarterly reports, I don't think anyone is going to make the argument that they are less competent than subprime borrowers.Absent some massive scale fraud or global collapse of the US or worldwide economy (and again, we did both of these things with subprime, so its not entirely out of the question), I think that the securitization of rental cash flows will provide more liquidity to a market that could certainly use it, and have a net positive effect on the economy.

I just formed my company Worldwide Property Solutions, LLC.I also love music.

It's generally the no equity appreciation 'gambler' (read that as almost every retail homeowner) that wants this kind of question answered.

I'm not a property manager myself, but I work with hundreds of vacation rental homeowners worldwide and would be happy to share what I've learned with you. :)  

If you were really an appreciation gambler you would have gotten in during the recession.  

Many of us accountants have clients worldwide.