Understand the Assumptions that go into it and then you'll understand the importance of getting out your economics crystal ball.My Partners and I invest in NYC for the last 21 years.

Originally posted by @Crystal Dundas:Originally posted by @Joe Villeneuve:What are the cash flows on each?

ON the other hand, since no one has a crystal ball, we are prepared to hold for a while.

I love Cape Town and visit often as well as having very close South African friends so I have some context for it being a challenging time in the country.If you are looking into the crystal ball many years down the road I would suggest your focus should be on the southeast of the US away from the coast.  

Nobody has a crystal ball, but I highly doubt there will be technology sufficient enough in the next 20-50 years to replace a real estate specialist completely.

Crystal was my rep and very helpful. 

Probably not that much.Neither you nor I have a crystal ball to see where the economy is headed and what will cause the next downturn, but I'd be willing to bet that when it does happen, the self reinforcing cycle of job lose you mentioned will happen, because the financial market is made up of humans who make sub optimal decisions with incomplete information. 

How much value you do you place in old rent historical given that there is obviously inflation etc.Of course none of us has a crystal ball and rent can always come crashing back down with the change of tides... but I figured i'd start up a discussion.

How much value you do you place in old rent historical given that there is obviously inflation etc.Of course none of us has a crystal ball and rent can always come crashing back down with the change of tides... but I figured i'd start up a discussion.

Hi Crystal,I don't have much experience with manufactured homes, but I flipped one a couple years ago before I moved on to the attached houses.