Downshift, look at outlying areas like the Bronx where you can still pick up a 2 or 3 fam for $400k - however even with an FHA loan you would need to bring $50k-$60k to the table to close. 

However, it is enough in LCOL areas such as Canary Islands, Malta, or even Bali if we decide to downshift.

If you were flipping a home currently, this would be a very tricky market to attempt that strategy as Austin is downshifting quickly out of the pandemic-fueled seller's market.

Bay area and the west coast in general is in a downshifting market and taking on negative cash flow at a high interest payment doesn't seem to make a whole lot of sense. 

I recently down-shifted to part-time work in my career as a money lender. 

Planning in advance for a downshift in jobs, I was thinking that I should max out my Fannie Mae loans before I take a pay cut and that 4 families would be the best way to max out.

The best thing that banks perpetuate during a downshift in sales prices is the problems caused by the result of poor Consumer spending choices, which gets blamed on equity.

For example folks in the West Colfax neighborhood have seen they land that has had 4 units constructed on the same size, down shifted to two units max.

I'm reminded of a joke:Buster was a truck driver and while taking his driving test he was asked what he would do if he was heading down a mountain side at 70 m.p.h and discovered his brakes did'nt work.He stated that he would first try his emergency brake and if that didn't work...he would try to downshift, and if that didn't work....he would try to run along side some brush, and if that didn't work he said he would wake up Wilbert (the guy who rides with him), so that he could witness the biggest crash ever.That was my philosophy when I first went into business.

Not a darn tree in site and my 1500 Chevy is downshifting to drive 65mph.