It would crumble into a soggy mess!

Or should I hang on more, continue to analyze locally and save more with the hopes to purchase something here once the market turns around.I know it is nearly impossible to speculate but I've started to come to the same conclusion you both have about the LA market (its at/near the top).

Yes, I reached the same conclusion with regards to Edmonton.

This way you can come to a better conclusion and see which makes the most profit.

I’d also want to know what his plans are for the delinquent credit obligations.In conclusion, any time you make an exception to your leasing standards, you should have a sufficient mitigation for the exception.

Being so prevalent, you'd think everyone who lived in a house in an old neighborhood would have died from asbestosis by now...I'll leave you to your own conclusions.  

Conclusion of my thoughts, There is no inventory shortage, a change in the market for selling/buying homes has already happened. 

@Kingshuk Banerjee, I arrive at the same conclusion and have chosen SA over NB since then.

After we learned more, we came to the conclusion that these types of software generally aren't the best use of money / time - it seems they are mainly designed to profit off of aspiring investors that are looking for an "easy" way to find deals and don't know enough to recognize that the information they provide has generally low value.  

My conclusion: the inventory shortage is chronic - a huge wave driven by demographic demand and no real relief on the supply side.