I love this market because as has been mentioned here the fundamentals are strong, by which I mean there's a diverse economy characterized by durable industries including tech, healthcare, manufacturing, distribution, etc, there's population growth with young professionals moving into the city, the cities are walkable and well planned, there aren't natural disasters such as hurricanes, fires, earthquakes, etc, to worry about, and the quality of life is generally high.

I’d argue it’s worth closer to 60k then 75k as the market fundamentals today are better then 2006 since we don’t have all the liar loans. 

From my POV, the more a partner understands the fundamentals of analysis, due diligence and exit strategies, the easier my job is to have them understand a good deal when I bring it to the partnership. 

I think the same fundamentals of real estate investing still apply. 

There are plenty of books on fundamentals of residential construction.

@Cass LowrieYou're fundamentally misled by the gurus and podcasts.

Now I have a basic grasp on the fundamentals.

You need to sell or rent the properties you construct.More fundamentally, are you an employee (someone who collects a paycheck) or an owner (some who gets paid when the business succeeds).

@Mike DymskiI don't want to speak for others and am by no means a know-it-all, but I feel as if we have much stronger fundamentals this time around with massive population AND job growth as underlying factors for the ridiculous appreciation.

The fundamentals of our economy are still strong.