Because there are a lot of sponsors with experience (which varies) who are in the middle of capital calls, raising pref equity or just walking away from deals or losing deals.

The issues aren't easy to solve but the rise of the middle class over the last decades, record unemployment (even lower than in the US) and massive foreign investment can't hurt so who knows! 

Doing REI while building a fish pond in the middle of winter.So no you don’t have to sale REI to retire.  

If you're in the middle between interchanges, your traffic count is the local street count. 

There's other middle of the road suburbs you can target for the next one.

I see MV has the right middle ground here where there's less eyes on it and gives you direct highway access to the city whenever you need it.

Also the discounts are much smaller than if buying on a decrepit shack in the middle of nowhere.  

My house on slab is in a nice middle income area with expensive fishing boats and RVs in the concrete driveways, yet 2 comps were on another area with block homes, hoopties in dirt driveways, and 2 of the comps even sat next to trashy convenience stores.

Aside from that you roughly know am I dealing with the top 25%, top middle, bottom middle or bottom 25%.

Most of those investors were seasoned and middle aged.