It is a wonderful place to learn and grow in the Property Management Industry.

Vegas was like this too but they're getting other industries in there too be more resilient. 

bane of the industry in my mind.. 

I finally found one at 20% higher than I was paying, but with a higher deductible and greatly reduced coverages (loss of rent from one year to 3 months, liability from $500K to $300K, everything else cut or excluded).Personal opinion (I work in insurance) and those of pretty much everyone I've spoken to in the industry feel we are at least a few years away from anything softening. 

They are amalgamating several properties and spitting off others by sector. 

I fell into the returns trap in the last market cycle and learned my lesson.This happened in every industry, and it seems as if they are reporting the real estate deals more.

For years, economists have been telling us there are 2 problems in the housing industry 1. not enough supply (especially for first time buyers) and 2. potential buyers are struggling to build down payments thus leaving them as renters long after they should be able to purchase homes.Will this cause prices to increase?

The banking industry and mortgage industry put on a full frontal lobbying assault with the result that the Garn - St Germain Act was GUTTED.  

"Cross sector".

Plus the industry is always changing.