You have a year of barely break even medicine to take for the mistake, and then there will be the two options of selling or increasing rent. 

If you look at the tax property data, there is a separate “market value” amount which will be much higher than the artificially reduced “assessed value” due to this cap. 

Essential items include medicines, food, and medical services.

Some of the price increase is due to inflation as well so it's a little but artificial.

Nothing against medicinals, but I don’t want to deal with the smell and subsequent cleanup.

If this is the case, the syndications are not actually a good deal for us tax-wise because it seems like we will never reap the benefits of those losses and they artificially inflate the gains showing on the K-1 (probably due to depreciation and recapture). 

Just that pressure alone should artificially deflate prices, and then increase them as demand goes up. 

That leads me to believe that we are seeing an artificial market cycle interruption.

If the market we are in now is being propped up artificially, then its not difficult to envision this happening.

The expense numbers are Always artificially low, and the income Artificially high (doesn’t account for true vacancies) on these listings.