But I'd also say that historical rhetoric doesn't really apply in the current time because we really are in an unprecedented time.In the last 14 months alone, we've literally created $6T out of thin air. 

We may as well not even own the housing at that point.I don't think some of politicians get the picture -- I've been seeing an unprecedented jump in rent prices and a corresponding decrease in rental units available, and most of the new tenants we've had apply are telling us the same thing -- their landlords are selling.

Anchorage, Alaska has forever been the "boomer" go-to for vacation spots, however, we have seen unprecedented growth in both younger generations moving here, the military population growing, and significantly increased travel in the past 6 months.

And lastly, Hurricane Laura was an unprecedented storm that left my area in shambles.

Right now there is fiscal policy pushing out money at unprecedented levels.

So continued expansion for much longer would be  unprecedented.  

As everyone knows we are going through unprecedented and challenging times due to COVID19, which has impacted all industries and Real Estate is not an exception.Economically speaking the Gulf countries are still in a good shape, and able to recover better and quicker than other parts of the old.

The covid price increases we've seen in lumber are unprecedented.

I've been running projections every day in Nashville, the appreciation is unprecedented and there are still properties to be found that follow the 1% rule.

So during this unprecedented market, investors may need to be patient, wait out the storm, and read the tea leaves….Miami Condo Collapse Should be a Real Awakening.