While I was living/renting in the SF Bay area, the market crashed.

The price each time it was sold varied from $257,000 (in 2006 right before the crash) to $190,000 in 2009.

Eric Armstrong I get the app crash pretty regularly.

And if we do have any type of crash or correction, SF will take a small dip and Sacramento will probably take a much bigger hit, like it did in 2008-9. 

From amazing returns in the early nineties to a plummeting crash that sent repercussion’s world-wide into every sector, the real estate market has had its highs and certainly its low.

@Garrett CanterOK if you want to start a huge battle on Biggerpockets start a post on this subject, I have posted on this before, many people disagree with me but this is my real life story.So during the financial crash I'm just casually talking to a big time local personal injury attorney who goes to my church, I say well at least this down turn doesn't hurt you, he says actually it does businesses are hurting so bad they are dropping their insurance, and its almost never a feasible to take legal action if the they don't have insurance.  

I will not do more than one at a time, because I don't want to get stuck like we did in the 2008 Crash and we may be headed for that again this year. 

I have one flip under my belt and it was very good (cleared $42k) but this was many years ago, about 2 years before the crash so I know times are very different now.

Yes, there is a risk that their value quickly falls in a market crash, but I feel that statistics are on my side, and that I can make up for that risk by having a large amount of money in relatively liquid index funds.

It was mentioned that some individuals are holding off investing in Real Estate and waiting for the market to crash again.