Silver on the other hand has been suppressed so much that it may rise all the way to a 20:1 ratio to gold before correcting a bit.

They are two very different animals; both defined by their risk appetites an where they are in the life cycle.If you looked hard enough in California you might find some properties that compete with the less pricier states, but as every investor knows CA real estate is mostly more expensive, and the returns poorer.

For a long term investor, the property is refinanced to the market rate depending on the term of the loan with the appropriate LTV to keep in line with the bank's underwriting guidelines and risk appetite. 

Perhaps we live in completely different markets and have a different appetite for risk. 12k is investable in Wichita, KS, even if it takes you down to your last dime.

Don’t let someone else’s risk appetite dictate your decision - let the numbers.

It all depends on our human appetite for risk and our appetite for fun. 

These days, people are starting to realize that not everyone has the same appetite for risk, not everyone is interested in the same asset classes, and some people have preferences for how their returns are structured.  

There is no suppressed data it's just suppressed in the scoring model.

Plus with the amount of cash generated by tech startups and founders appetite for negative cashflow balance sheets, things get complicated for traditional investors.  

Let's let each other know if there is a bank with the correct appetite for this.