Or the most fun, a collapsed sewer line from basement to street can cost more than $20k to replace.  

Chipping paint broken elevators, Collapsing ceilings BC the government really sucks at being a landlord.

He gets his money when the job is done, but you have to live with the consequences when the floor potentially bows/collapses in a couple years.Hire an architect who has an engineer they work with.

I found out when they called about a partial ceiling collapse.

If values have increased steadily over the past 200 years at what point do you decide enough is enough or is accumulation of perceived net worth your only goal.For myself speculation on appreciation is not a consideration however I do understand it in markets such as yours keeping in mind that although it may continue indefinably economic collapses, minor dips, are inevitable. 

Sometimes sewer mains deteriorate and collapse.

Has there been momentary value impacts, yup, sure has, we just recently went through what was labeled one of the single largest collapses in all of human history in real estate, and all values were recouped in full within 10 years. 

@manish a40-50,000 new houses in 10-15 years means a complete collapse of the Las Vegas home building market. 

So Grant is NOT speaking about an impending collapse from glut of units as much as a SHIFT in usership.

I expect grand amazing spectacular collapses and bankruptcies in many areas when this Market Mania bursts.Originally posted by @Caryn Flynn:Hi Ken!