@Anthony Liguori I personally think we will see a spike in inventory post rona... from the investors that were over leveraged or just making it by.....the mortgage forbearance program is crazy because they expect you to pay all the months they defer in one payment at the end... so you could see novice investors looking to dump their property.  

But even if the “debt” gets cheaper we might have messed up supply chains.Supply ChainsEven if the US “mitigates the issue” If supply chains are ****ed up in China etc- appliance packages could spike, vinyl flooring, carpet, etc etc InventoryThat being said even let’s say you have a waive of defaults you’re going to have months before properties become vacant and for sale.

Here's a clip from the article in the Gazette:  Colorado Springs continues to be one of the country’s hottest housing markets, a federal report released this week shows.Local home prices spiked 11% in the fourth quarter of 2019 when compared with the same period a year earlier, an increase that ranked No. 2 among the nation’s 100 largest metro areas, according to the Federal Housing Finance Agency.Only Boise City, Idaho, with a 12.7% gain in home prices, had a larger increase on a year-over-year basis, the agency’s report showed.

First find the one thing you can dig your heels into and get your business going.

Also a fluke thing could happen like a big spike in a condo fee or taxes however usually they do not deviate too much. 

We have seen a spike in visitor bookings it seem from the state of Texas, which is a big drive....but can be done in a day.  

Spike in cash flow and a current valuation that more than doubles investors money.

But we dug in our heels and got to work.

They're cash flow oriented cities with lower appreciation but have seen a spike in prices in the last 5 years due to the higher prices in the Metro Boston area. 

One month ago, we thought that the unprecedented implosion in US commercial real estate in the month of April following the near-uniform economic shutdown following the coronavius pandemic, manifesting in the surge in newly delinquent CMBS loans would be one for the ages, even though as we predicted May would likely be worse as a result of the spike in specially services loans.