That is...depressing. 

The other thing is my wife had serious post partum depression, then the lockdowns really pushed it into just chronic depression for the entire year last year, and part of this year.

With low income you Will have depressed valuations.   

Now, how would it effect the housing market, depress prices, or further inflate prices?

Get a loan that builds your wealth, not the bank's. 30-Year interest first amortized mortgages were created during the great depression.

-Will cause you significant negative financial consequences by forcing you to sell existing IRA investments at a depressed price by a publicized certain date, and also cause significant negative tax consequences (including early distribution penalties) by forcing you to distribute from your IRA any investments that you are unable to sell.You are also concerned that the legislation negatively impacts the ability of small businesses that employ everyday Americans to obtain the funding necessary to operate and grow their business and create jobs.

We as Americans just can't seem to keep external things like depressions, wars, credit crises, elections, stock fraud, pandemics and all the stuff of life from interfering with a good real estate market. 

I got him legitimately ESA verified through my doctor (no scam websites) because I have been diagnosed with multiple emotional disorders which he legitimately helps me with. 

If the market tanks (rents are currently in depression while prices remain at all time highs in my areas) it would be for different factors, at least in my opinion.

That being said, investors need to keep in mind they need cash for both purchase and renovations as the property won't cash flow enough right out of the gate to cover those capitol expenditure needs right away.This probably sounds depressing for many investors looking to invest in Colorado Springs.