If it doesn't allow to buy there right now, you have several options.1) buy some place else where it makes sense2) sit tight on your money until the market crash (no one can predict until when) 3) switch to another asset classes that can sustain economy fluctuations better

The "value of the property" didn't matter if you were buying and holding for the long-term.Granted in REI the fluctuations are much slower than the volatility in stock prices day to day, quarter to quarter.

Hey Evan,I wouldn't recommend leaving it in stocks as those fluctuate a lot especially for the short term.

Stability and pro tenant laws, or landlord friendly law and bigger price fluctuations.

If you plan to ride the market for the long-haul and you don't intend to accrue a lot of units, you can weather more fluctuation and lean in to appreciation more.

His response, "The market will fluctuate."

As @Russell Brazil always says homeownership percentages fluctuate but have remained overall fairly consistent for decades.

If you are buying in the hood, expect fluctuations.

Thank you for talking about passive investors I just finished reading The Intelligent Investor and learning how to get in the mind frame of a passive investor especially when the market fluctuates is going to be very important I know I will be able to convince and show them the benefits of investing with me.

Personally, I only see newbies take less than 40k and often see a lot of it evaporate due to either a seasonal market fluctuation or an ARV mistake.