In the last housing crash the value of this same personal residence collapsed to $270,000. 

But with a less good friend it might have ended the friendship or caused the deal to collapse into litigation.I hope other new people can learn something from this and avoid repeating my mistake on their first or second property.Roger, I have emailed you about joining that group, thank you.

We're near Whole Foods""I just use Lyft to get to work""It's a lot quieter""I love the BBQ & Beer garden""Parking is easy"It is a place that has and, I believe, will continue to be on the up and up.Every quote above is the ingredient for tech hipsters and some high prices.Now, if your buddy's place isn't dated / could collapse during the next little earthquake / on landfill, then I would certainly consider it!

In fact, lots of experts are saying that the housing market should largely be excluded from the coming collapse, because it is not the reason the economy is struggling, as was the case in 2009.

Then, they have a new election which is projected to be a guy who will finally Default on their Debt, collapsing the Italian Banking system.

I still want to put together a small team of laborers and some skilled carpenters because there will be stuff in both houses that i will want to do myself .. like demo and clean up and landscaping for the laborers and certain projects for skilled workers  .. the house in Inverness has a inground pool that has collapsed and i need to get someone to give me a idea on the cost to fix it or replace it .. all the pool companies i called won't give me a quote to fix ..only replace .. i am sure it can be fixed ..just got to find somebody that has experience on installing them ..

When this happens the demand side(collapse) will overpower these low inventory supply levels. 

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.

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.