His EGI should be $73.5K, he is showing $22k, so he has an economic vacancy of 70%.

basic economics (at individual/corporate/govt levels)If expenses > income, the end result is?

Real estate has a lot to do with economics, but I agree with Bill that people just need to get back to work.

What is the economic situation now and in the future of the location I want to invest?

He said that history shows top down economics has shown to never work over the "share the wealth" practice of helping the middle class.My big issue is he makes a statement about families sending the kids to college etc.

Taking the issue to HUD will probably be your only option or getting an attorney which in most cases is out of the question due to the economic position of the tenant.

But after that, I think there will be a slow but steady improvement in the overall housing market as foreclosures eventually return to normal again.Simple economics should come into play eventually.

The economic indicates are all pointing to the fact that the market is turning and properties are beginning to appreciate.

They provide some really comprehensive economic data.

In my area, a $550 per-unit rent indicates you aren't going to be getting doctors, firefighters and cops as tenants - you'll be getting those people who are hanging on by their fingernails economically.