True investors made money then, and conmtinue to make money today in a depressed RE market.More over, I am making more money now than ever in the midst of the biggest recession of all (and damn close to the big depression).

I'd get depressed when I lost lead, but the next morning was a new day and new lead.

The numbers make sense, but it's an empty commercial building in a "depressed area".

I also don't expect it be become detroit, but entertainment dollars are not flowing as before and may not for a LONG time, depending on the recession/depression.

:lol: Those "depressed" markets are becoming ripe for picking up your cash flow.

The liberal policies used during the Depression kept the depression going till after WWII (war spending helped and then hurt the economy).

Your answer can cite a specific incident or general philosophy learned over the course of several years.So far the biggest lesson this depression has taught me is that leverage is much more dangerous than I ever thought it would be.

If you think we have a depression right now wait until that happens.

In many ways what we have going on now is very much like the land grabs of the depression years.

The corollary is that rents will be depressed enough to make servicing the debt extremely difficult.