@Irene Morgovsky what you are experiencing is that rents do NOT increase linearly with property values.Or look at it another way, the pool of renters that can afford higher & higher rents, shrinks faster than a corresponding pool of buyers.You could look into making it a short-term rental to try to improve rental income, but:1) Is it allowed in that area2) STR rates are coming downYou may have to accept "negative income" or sell.

It’s a great strategy in a hot market where properties move quickly, but profit margins can shrink in slower or uncertain markets.On the other hand, buy-and-hold offers long-term wealth-building through appreciation and rental income.

End of the day the fed wants to shrink the money supply and wiping out deals like this is one way they get it done.

Bitcoin will be king by 2040 and the available amount is quickly shrinking.

There's likely submarkets in Vegas that trade lower, my understanding is the Henderson submarket is really desirable, so I imagine those cap rates are starting to shrink as I've heard Vegas getting lots of outside investment

Interest rates have doubled since q2 2022 causing P&i to nearly double.3) not sure of your stats, they may be accurate (1980s has crazy high rates) for that large a window but shrink the window to this century and mortgage rates are currently the highest for this century.  

Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.

So market shrinks and more lawsuits happen when buyers go unrepresented.

Detroit's population is actually growing according to recent surveys not shrinking Census Bureau estimates: Detroit population rises after decades of decline, South dominates growth (michiganpublic.org)2. 

Most of the area is shrinking in population.