@Salvatore Lentini,Well, given the housing shortage precipitated by the crash, I'm not sure ANYTHING housing related has peaked yet, nor is it likely to until home building ramps back up the pre-crash levels and then exceeds them.That's just supply and demand.

So locals here were suddenly shocked by the impact the housing shortage has had, along with the inflation that has suddenly brought us into the 2020’s, all seemingly over night. 

Although a Murphy fund should always be handy (Ode to Murphys law) there are no shortages of opportunity.

He said that Pensacola has a shortage of inventory(definitely true) and that it would take 3-5 years for inventory to catch up with demand. 

Skilled trade shortage will make that “put $25 into it” go away.

I'm ultra conservative, and I still feel that there is a shortage in most areas of the country of Class B apartments for working class Americans.  

On residential - shortage of inventory, prices climbing, if you have a listing it will sell fast-multiples commonMulti Family - Insane traffic in urban markets, slows as moving further out.  

Income dependability depends on the tenants who occupy your property.The tenant segment we've targeted for 16+ years has proven to be very dependable.2008 crash - Zero decline in rent and zero vacancies.COVID - Almost no impactEviction moratorium - Almost no impactThe average tenant stays over five years.Only six evictions in 16+ years out of a tenant population >1,000.SummaryThe perfect storm of rapid population growth and land shortage almost guarantees that Las Vegas prices and rents will continue to increase for the foreseeable future.Many people remain concerned about interest rates.

They’ve provided a steady source of income and I have had no shortage of bookings.

They survived by becoming “flop” houses and renting rooms buy the day or by the hour, until they were acquired as part of a assemblage to be torn down and a new condo built on the site.Recently, the shortage of decent month to month full apartments has become apparent, with companies positioning apps to fill the gap.