Hey @Amby BhagtaniIt's a common perception that property prices always go up in the long term due to a few key factors.

Other than public perception, are there any reasons i should be hesitant in pulling the trigger on the idea of starting a development company using the modular concept?

My "sage" advice now is to not let perception create a reality for you that interferes with your career/plans.  

If we were closed on price I'd probably just offer ask and then negotiate down, but in this case we have absolutely no intention of paying anywhere near asking price and don't want to give off that perception to the seller. 

I think we at some point come to the understanding that we can’t control what others think or say about us because a lot of those perceptions are rooted in the other person’s own saboteurs and judgments and comparisons.

Further, the non-profit was willing to pay a premium given the perception of homeless people occupying the home.

Longer if available.Also check reviews on line to gauge public perception and good will.You have lots of financing options as long as the business has good cash flow and net income. 

" Whether demand is true or its just inquiries, perception of "demand," is sometimes very powerful from a marketing angle.

Once you have the limited lead free you will need to renew every 10 years or after each tenant.In this situation there is reality and perception. 

@Chris Seveney I don't have clear numbers, but my perception is a mild slowing, but still a sellers market.