Statistically, housing prices in Vancouver (GVA) are ~11.5 times household income - almost 74% less affordable than Toronto.  

So a typical rental property will cost $250K to build and the lot will cost you around $150K.In any decent city you will pay $400 to $600K for a first home and rents are anything from $300 a WEEK to $1000 a WEEK.You can google the history in Oz from 1860 and NZ from 1905.The statistics are pretty bullet proof.

@Dan Burstain, great info and statistical analysis.

I am giving our property management statistics to inform how a well managed portfolio in Birmingham can perform.

@Sam Josh the statistics don't lie.

But the official monthly unemployment rate from the BLS (bureau of labor statistics) is much lower (even when accounting for the pandemic programs). 

Census Bureau and Bureau of Labor Statistics.  

From my local Association of Realtors, recent statistics show less transactions (obvious). 

According to the 2022 NAR stats, FSBO homes sold for an average of 35% less than agent-assisted sales (https://www.nar.realtor/research-and-statistics/research-rep...).

That's a much more significant drop.Thanks for the tip, but you'll note that I mentioned there were multiple recessions in the first chart I posted, you can see in the chart clearly that there are 5 recessions listed, you just missed it.....I have an above average understanding of statistics as I was a business major in undergrad and grad school, so I understand sample sizes and much more.