I think about taking these few issues and multiplying them out times ten (that's today, and hopefully in the future 20X or 30X) and it just makes me depressed thinking about it.  

We joke that it's recession-proof because the Depression never ended.

US prime-age employment-too-populace ratio is 80.9%....I should have never looked down this rabbit hole, it's depressing, lol. 

And then Hurricane Laura struck...Real estate market in this region is very depressed as of December 2025. 

Several large developers have built beautiful high end condo feel student apartments super close to campus which initially depressed rents in houses.

Out of state buyer, first time investor scooping up a cheap property that needs a lot of work in an economically depressed area.

It's a dynamic world - if I could find a 3-4 unit that cash flowed 200 a month per unit and hit a 15 plus ROI - i would jump all over it - I just only see this type of potential return (and better) in more depressed areas.  

Never invest in areas that are depressed prices, you just don't get the growth needed for wealth. 

Seems like 4 years ago you could buy higher quality product for depressed pricing versus today so somewhat and apples to oranges comparison of the quality of product and area for the price point.I don't do SFR at all but know much better opportunities in better areas 4 years back.

If you go back to 2007, would you say the same about a company that did not experience the great depression in 1929?