I think we can both agree that it’s a global problem though, right?

I actually work for a global real estate asset management and investment firm (mostly commercial, logistics, multi family etc) and have always loved this asset class.

Portugal as a whole has had huge capital appreciation over the last few years but that was mainly a catch up from the Global Financial Crisis and it was led by foreigners, notably through the Golden Visa, that's now been abolished.

The problem is that Katrinas are going to become more and more frequent as time goes by what with global warming. 

It's when the quality of education that you got from a crappy mentor or guru wasn't worth a pack of gum... whan you catch on... that's when it's time to rethink your guru investment.

If it gets worse, which it could given that the assumed reasons are pollution and global warming, it could eventually wreak havoc on the country's tourism industry, especially Punta Cana.

Yes, I know "oh no, tariffs kill global trade".

If you're applying for a Conventional/FHA/VA/ or USDA loan, then they will do a "global cash flow" where they take into account your PITI (Principal + Interest + Taxes + Insurance (hazard and flood) on all properties (second mortgages included), HOA payments, car payments, student loan payments, credit card payments, and installment loan payments in the numerator and your gross income in the denominator.

Not sure how far you are from Chicago proper, but the ULI (Urban Land Institute) is a global group with chapters in most big cities. 

  :) And always wear gum boots or Dr Martens just in case you step into human S#%@.Rudy Giuliani for San Fran mayor hahahaha