For me, there are three legs to this stool: 1) location, 2) upgrading my units to be the best in their area, and 3) offering more bang for the buck (being able to lower rents as the market dictates).Of course, if we hit the skids of another great depression I may rethink my strategy while standing in the soup line....

Depressed area?

The rock star of Austrian economics, also predicted the Great Depression in 1927, and WWII in the early 30's.

Use the analogy of how the Rockefellers made their fortune in the depression, etc.4) With making offers, I would make ridiculously low offers with a straight face, as I hear about so many people getting smoking deals for 50% of today's value

We're in the middle of the worst housing depression in 100 years and the best you can do is buy a property that will break even?

It is a widely held belief that WWII pulled the US out of the depression, but most economists and economically savvy historians would say that the depression actually lasted until 1948.

There was still a large depression, and I had him get two buckets I had in the garage, a total of another 5 gallons of dirt to fill the space to the level it should be.

It seems to me that it keeps property values in an even more depressed state, doing more harm than good to the communities.Maybe I am missing something?

I am currently trying to read everything I can about the Great Depression and the other financial collapses we've had in the past.

That's the second time in a week that I've heard them say Toledo is in a depression not a recession.