The 80's was a bit of an anomaly because high inflation kept nominal prices flat, but in real terms homes were losing value and people were struggling to pay their 12%+ mortgage rates.Like I said, there is probably a couple more years to go.  

That $279k property (pending) was an anomaly.

Similar to a gym membership, different price points provide you different packages, just not sure of the market demand (I may be an anomaly and not the trend).

There is, of course, no substitute for good training and studying the laws and rules of your real estate market, A tax sale wipe off subordinate liens, but no necessarily "out" so you need to understand the laws as they relate to both the asset and attachment of secured interests and the debtor's position since some voluntary and involuntary debts may remain obligations (for the debtor).A curious anomaly of tax sales is that, at least in my state (CA) it is possible for a few other liens to remain, in addition to debts to the United States (aka IRS).

Keep in mind newly unemployed homeowners may lose their home, creating a new renter.In my opinion, the Redwood City example is an anomaly. 

But I think my friend is an anomaly.. he's super into it and is willing to sleep in the garage/man-cave while he travels for work rest of time. 

@Jeannie G — I have to respectfully disagree.The property you purchased through the owner/Provider (Coral Properties) was represented by them as a rental property; however, as you and I both know the HOA restriction never came up at any point from the day we received the listing information to the day you received your closing documentation, and thereafter.In other words, this was not caught by the provider right from the beginning, and was not disclosed to anyone by the title company before you closed, and was not caught by your review of the closing documents (specifically the CC&Rs).This certainly was an anomaly and one that only has come up once over the years.It is and was our intention to help work through this with the original seller (Coral Properties) and formulate a solution for you...As you will recall from our communications back on August 20th, we helped come up with a few options for this property and we negotiated with Coral Properties to list and sell the property at no cost to you.

There are always anomalies like single bill utilities on a triplex that the landlord pays that will prove the 1% rule to be useless, but generally it works for small MFH or SFH. 

I know 2020 will be an anomaly for everyone.

The value contribution can be estimated in many ways, but the appraiser has to bare the burden of proof, which--at times--makes it hard for anomalies like this.