Appreciation or even speculation of appreciation is like gambling and investors tend of to have personalities that shy away from that. 

Don't get me wrong; there are plenty of issues/problems/quirks that old houses have that new houses don't, and an old house can obviously have hidden problems and big repair/maintenance bills too--which is why thorough due diligence is fundamental to REI...but, the point is: a brand new house is not a foolproof solution to repairs/maintenance headaches (and in some cases, a brand new house can be a much bigger gamble than an older house).This is a particularly important lesson for inexperienced investors, who tend to be the most prone to "shiny object syndrome" (the tendency to let nice aesthetics distract from real, underlying issues).

Richard Gamble hosts a large meetup in Knox. 

I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.

Everyone is gambling, and I keep advising my clients to please not compete with that level of moronic. 

It's so much money on a huge gamble. 

These companies are funded by investment companies and are mostly gambling better technology will produce corporate profits.

It is very much case-by-case and requires understanding of the current tax regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the next administration.

It is very much case-by-case and requires understanding of the current regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the current administration.

If your plan is only buy appreciating properties and gambling on the market to keepGoing up, we all saw what happened to those investors in 2008.