When we saw how they froze them during the crisis, we realized it would have caused us a lot of pain if we still used one then, as we didn't have much of a real emergency fund when we had a HELOC, thinking the HELOC would be our emergency fund as well. 

This came from reforms after the 2008 financial crisis.

There is a large dip in college aged kids coming in about 5 years, there's a college debt crisis, and a move to online learning and less traditional programs.

Please reach out to your RTR rep for any further explanation of this, or to obtain specific information such as recent appraisals.Here are some appraisals we've seen as of late:2836 NW 4th Pl - $385k appraisal2917 NW 21st Pl - $385k appraisal3340 Garden Blvd - $375k appraisal2030 NE 1st Pl - $390k appraisal4309 NE 20th Ct - $386k appraisal3614 NE 9th Ave - $385k appraisal3424 NE 15th Ave - $385k appraisal2620 NW 4th Pl - $350k appraisal2213 NE 5th Pl - $390k appraisal2224 NW 25th Ter - $380k appraisal1634 NW 6TH PL - $350k appraisal3911 NE 12TH AVE - $352k appraisal4422 NE 21ST AVE - $352k appraisal2030 NE 1st Pl -$390k appraisal1706 NE 37th St - $352k appraisal2223 NW 25th St - $380k appraisal1720 NW 9th Pl - $370k appraisal1629 NE 33rd Ter - $375k appraisal2822 NE 6th Ave - $375k appraisal28 NW 20th St - $375k appraisal2013 NW 20th Ter - $380K appraisal1915 NW 27TH PL - $380K appraisal1905 NW 12th Ave - $350K appraisal1903 NE 20th Ct - $363K appraisal1105 NW 21st Ave - $350k appraisal1729 NE 23rd S - $363k appraisal1801 NW 13th Ter - $362k appraisal1218 NW 22nd Ave - $350k appraisal2834 NE 6th Ave - $335K appraisal2124 El Dorado Blvd N - $335K appraisal2024 NE 39th Ter - $310K appraisal1713 NE 33rd Ter - $330K appraisal523 Wilmington Pkwy - $400k appraisal1908 NW 6th Ter - $400k appraisal2311 NE 5th Pl - $400k appraisal4207 NE 11TH AVE - $310k appraisal3118 NW 18th Ter - $375k appraisal2926 Diplomat Pkwy W - $335k appraisal2922 Diplomat Pkwy W - $335k appraisal2017 NW 10th Ter - $350k appraisal3909 NE 9th Ave - $335k appraisal3816 NE 9th Pl - $335k appraisal2079 NW 17th St - $362k appraisal1107 NW 15TH PL - $410K appraisal2010 NW 6TH TER - $410K appraisal

Getting back to the topic of this thread: even in the last downturn (which was a doozy); the great Global Financial Crisis 2008-2010, second only to the Great Depression 1929, plenty of properties in my market including some of mine did not lose value and some still appreciated.

Read it and understand the philosophy of living below your means.Last night on NPR I heard part of a report about the "housing crisis" in Las Vegas.

That's essentially what this whole "your home is not an asset" thing is.Except Robert Kiyosaki was talking about this for over 23 years and many downturns, including the subprime crisis, have proved him right on it. 

Even in 2008, during the worst housing crisis of all time, this metric did not top 85%.

We are in a full on crisis!

Here in Cambridge, we are in the midst of a serious housing crisis.