The layoffs haven't begun in force yet, but the oil does cycle.

I try to be strategic about my purchases there, first drilling down for cashflow and then taking a step back to see if I can put myself "in the path of potential future appreciation" as I like to say.It's worked phenomenally well for me and I'll continue investing in Detroit until the masses are beating the drum on the city.How do all the Rocket layoffs affect Detroit and the revitalization of the city. 

Regarding your layoff situation I can tell you if one door is closed God opens up many doors.Good LuckVivek

I'm not seeing much development and with downsizing and layoffs there is more commercial space than ever before.

So I’m experiencing a difficult time with financing (identity theft victim😕) I have this SF home In pre-foreclosure the ARV is $165k-$170k, the owners lay-off is $85k.

Mass layoffs will have an effect; it's just a matter of time till it trickles into the market.

I am in the thick of it here and have 2 inherited, rent controlled tenants. 1 wrote me a nice note detailing her lay-offs and rent being a priority, enclosed with the check.

Before the layoff and the cancer, I had 18 yrs of corporate experience.  

Plus, if something really bad were to happen (massive lay offs in Bay Area) I could just move into one of them.Plus in the east bay you can always find places to rent for far cheaper than a mortgage would be (unless you're putting significant amounts down).

Hi Everyone,Until finding BP maybe 4 months ago, I had been focused primarily on my corporate 401k, IRA, and private stocks in my Robinhood account.