It's looking more like a looming Depression then a Recession.

He says he'll get depressed if he doesn't work out and that's not negotiable.

This principle changes is you're using the 1031 to find "holes" in the market or areas of inefficiency where you can sell in a highly appreciated market and buy in a more depressed market. 

The biggest issue I see is that unemployment doesn’t last forever and the fed said unemployment rate might be 32% by June vs a 24% worst during the Great Depression.  

IMO, the government is going about this all wrong. I support all the spending to help people keep their heads above water, but you still have to incentivize work. Many people are making more sitting at home on unemplo...

I'm curious what everyone thinks about the student housing sector.If this goes on for longer than expected and we hit a Great Depression scenario, I'm curious if this ends the dominance of higher education in general.

Perhaps the pandemic will depress the market somewhat and bring more deals to market.

Right now I am trying to figure out if we should move forward before inflation or wait and see if a crash/depression happens (I keep hearing 2023 for this) which could be a while. 

Whenever there is a recession or a mild depression then "bottom feeding vultures" (and I use that term as a compliment towards those with guts and money) swoop in and buy great deals and do very well.

Like the Great Depression, people may become frugal and hold onto their cash which means less money in the market.