It is the way the perpetually broke live (early on). 

That is the nature of the beast, it seems like it is perpetually expanding until the rug gets pulled out from under you.

Building up capital (cash), is an excellent way to prepare for any downward movement in a cycle.

Some in SoCal would prefer to have 2-3 homes paid off by the time they retire, than count on a 401k that may never be enough to pay oneself what rent from those properties can pay in perpetuity.

He found out the management company was lying to him about half the units being perpetually vacant when it was actually 90% full, and the crooked PM was pocketing almost half the rent.

Endemic inflation, however, was not over.A generation after Volcker, the Fed committed itself to perpetual inflation at the rate of 2% forever.

Short of a perpetual easement, a letter agreement granting permission to the neighbor to install and maintain the fence would negate a future adverse possession claim.

@Kerry Baird That is a lot of experience, movement, and momentum!

Easy and cheap, and still creates a dead air space to prevent movement, so it works.

Unfortunately, there's no such thing as a 'free and clear' property since property taxes are a perpetual lien on everybody's real estate and many have HOAs as another perpetual lien.