A lot of buyers are sharks and when they smell blood, they attack.

Also yuge factor is the elimination by the Feds of the State property tax deduction, combined with many of those states completely screwing the people that are trying to flee by raising those taxes, and demanding to show where they lived every single day to show they actually left the state (hint, the blood sucking tax collectors in NY). 

I agree about the blood...and the debt after retirement...which is why I mentioned NNN as the vehicle. 

there was a great transfer of wealth that happened out of the GFC.. for those that could execute.. and those that were leveraged up or had 5 year calls there was some blood baths..

I earned my MBA through blood, sweat and tears right before the Lehman shock and my take is that it all depends on the recruiting upon exit.

While we all enjoy the benefits of driving on the same public roads to get to where we're going, the wage earners are paying in blood, sweat, tears, and treasure for it while the government hands me money back for my own efforts.This particular event happens almost every day, and no bones about it, it can certainly be destabilizing when you understand just how clearly the powers-that-be in our society think of those making money through investments as extra-special people, and those making money through selling their time for money as dogcrap under their shoes.

You can try to go after the tenant for your losses, but this is like getting blood from a turnip.  

I am 40, slightly high blood pressure and a bit heavier than I should be and I have 2 million and it is $1200 a year! 

This is a big problem and will amount to blood in the streets as landlords will have to stop paying their mortgages too.

You can see examples of it on my website or do a Google search for Fort Collins You Plus Two. in my case, if I have three or more people that are unrelated by blood or marriage, I require each individual to have a higher credit score and make 2 times the rent. if one person leaves, the remaining two still have a combined income of 4 times the rent which makes it less likely there will be problems.