Now, twelve years, three more kids, two layoffs, a career change and a cash-out refi (to pay off some credit cards) later we're about $15k underwater on a house that needs about $15k in updating and deferred maintenance that I'm working through as time allows (now that our finances are getting back on-track).

Job layoffs in the area, foreclosures, run down properties, crime, etc.

Lay off the TV, radio, podcast shows, forums for a while and work on your financial plans.  

Most people think about leaving but most wont, below is exactly the reason whyhttps://www.theinformation.com/articles/where-are-most-tech-layoffs-not-silicon-valley"Some of San Francisco’s most well-known tech firms have cut deep into their staffs in recent months.

Of those events six were job fairs featuring major employers throughout the county, while 78 were resource fairs assisting job seekers in finding work.The department has also helped find jobs for 2,575 teens in San Joaquin County as well, he said.In an effort to make sure their clients stay employed, Solis said the department is launching a layoff aversion strategy program that will match job seekers with employers that fit their skill sets."

I have run into this before; people are in between jobs due to layoffs, education, even windfalls such as inheritances and such, trying to redirect.

Since 2008, many employers have given 1 yr notice that layoffs will happen so employees can tighten their belts and make plans.  

When the market crashed and folks were losing their jobs, I'm guessing some of the renters weren't able to make payments because of the layoffs. 

I went through two different layoffs in the span of 6 months and the second one got me.

Despite what some may have thought the home prices continue to increase here despite low oil prices and lay offs.