Oh no, that will crash the market for sure!

@rachel leonard - shared housing at our level has been around for a bit but mostly out of necessity in very expensive housing markets like NYC, LA and the sort where even couch crashing can be expensive.

I do a lot of Real Estate work with investors, and would be happy to give you a 5 minute crash course in how the game is played of you'd like.

Rents almost always trend up so if it cashflows today, then it will probably cashflow tomorrow even if the value "crashes".  

The market has been, generally speaking, climbing throughout the country, and has been particularly hot in markets like Denver, Seattle, Portland, Texas, Florida, etc for several years now.I do not know if it will continue to go up, if it will plateau, or if it will come crashing down in 2017.

But after every crash for the last 30yrs I finally woke up to the fact that I literally have not made any real gains in the stock market in all this time.

Im sorry if this posted twice, the app crashed while posting the first time.

I'm not going to jump on the bandwagon of prognosticators saying we are in a bubble and set for a crash, but the difficulty in finding a good deal in MFR suggests now is not the time.

The reason for this is that if you ever get in a pinch and have to sell, you don't want to be underwater and if you are underwater and you have to sell and you don't have the cash to cover the loss, well...that's how foreclosure happens.Most all markets in the US have returned, and even exceeded in many cases, the high price mark from before the crash.

If I could go back to before the crash, I would probably have picked Phoenix, because 1) it got hit so hard and 2) I'm a fan of that city.