Oh yeah and had to deal with a roof collapse and insurance completely rebuilding the roof.

I think Eliza Doolittle says; 'Not bloody likely,' and the audience kind of collapsed." 

A common big expense is undetected collapsed sewer connection in older buildings, roof of course, AC & Heat, increase in property taxes, and on and on.If the presidency changes hands, taxes and regulation are promised to escalate & I don't think your cash flow is sufficient to deal with it.

"We're in a bubble", "we're on the brink of collapse", "a major correction is due" are the common refrains you hear.The reality is, all the public figures and pundits out there making predictions about the economy are doing exactly that: making predictions.

Fun fact MN had some of the only micro markets that never stopped through 08/09 collapse, that's strength. 

Very little of our market was affected by the collapse in 2008 when compared to national averages. 100+ year old homes with little to no updates maintain higher values than they really should and Ft Drum single handedly keeps the economy of our entire county churning no matter what happens elsewhere in the nation.There are always new tenants being shipped into town looking for a place off post to stay and most will get a guaranteed housing allowance.

Unless we see a fundamental change, I don't think that prices are going to collapse.

I desperately want to get rid of this property (I just can’t deal with landlording and I need cash to pay other bills) but if I accept the lowball offer, I’ll lose so much money...I’m also worried housing market will collapse soon and that any nyc tenants may be risky to deal with (eviction moratoriums, etc).  

I would not bank on a Great Recession style collapse and I doubt very, very, very highly that Ken is.

What coming next, no not a collapse that's just ignorant talk by those with bigger opinions or fear than knowledge.