If your focus is the long term, then buy and hold, but always in any market make sure that you can withstand short term volatility in both prices and cash flow.

Here’s my $0.02 summary of New Mexico real estate in my experience over the last couple of years:Pro’s-Steady market, less volatile to major down cycles-a very large supply of small multi-families.

As cultural ideals and government shifts, so will the volatility and speed of the cycles. 

Looking to exit, due to the volatility, market manipulation, and current regulation (lack of). 4.

Yes, the gearing-up for "battle" is at hand, is a volatile battle to say the least, and there is going to be efforts to make what plays at hand to drive votes, right.     

As an aside I think given the way real estate has been much more financialzed in the last 20 years with much more investment into it than most of history (Flipping Airbnb etc didn’t really exist until the 90’s-00’s) I think it’s quite likely the housing market had corrections every 10-20 years and behave’s like a slightly less volatile stock market since it’s much closer to the stock market than it was in the past.

In the finance world where I spend most of my days we use this same approach on the volatility (how much a stock moves) to calculate over a historical period whether volatility is high or low to help us decide whether we should be buying or selling.On a further note, when we have a losing position, we try to reduce losses and bring in as much of an income as possible, so when the stock eventually reverses and moves in our favor, it reduces our cost basis and eventually we can at least get to a breakeven.So, for example: You own it at $185k and can sell it for $165k.

Where stocks are much more volatile and risky.You are also correct about it being my opinion.

From a China perspective, I can tell you that the volatility might have more positive than negative.  

The Global economy is volatile right now.