HJ Bercy good questionThe tri-plex in my last post fell through due to a very old and collapsed septic system (I think I posted about it elsewhere).

Now I instead would worry about financial collapse, If your cash buys anything, prices will be so inflated, spending now on barter items is a better approach. 9mm & .223 ammo are my favorites...P.S.

Could be clogged or collapsed footer drains, but this is not typically the issue in my experience.

When he moved the TV the drywall collapsed - it was soaking wet from a poorly installed window AC.I removed the damaged drywall plus a little more to ensure I had removed everything that got wet and discovered that this 1937 plank-sheathed house does not have a vapor barrier at the exterior wall...Is this a serious concern?

See my Nov 25, 2011 post about an appraisal which said "This market has effectively collapsed over the previous 12 to 18 months, as investors have fled the market.

When I bought the duplex the market had not collapsed yet and housing was selling higher than it was worth.

For an extra 140 bucks a year I get an extra 1mil umbrella to account for tenants slipping down my steep driveway, deck collapsing etc.. .For the market rents.. there is a 64 unit complex that is booked solid at 1150-1350 a month across the street.

Minus a global economic collapse that none of us can predict, I don't see this market changing.

If a bubble does form and subsequently collapse I would bet that it will be the new investors and homeowners that get hurt and not the hedge funds.

No data to back that up, but much like stocks, I believe the harder a price has been beat down, the better chance it has for a rebound barring some sort of fundamental collapse.