But Bay Area was not immune to a down turn in 89 to 92 saw 50% devaluation in many sub markets of the Bay Area.. my brother in law picked up an awesome house in Los Altos hills in 92 for 1.2 million and in 87 it sold for 2.5   and now worth who knows how much 6 to 8 million probably. 

It never floods in the same way; it always floods, and no house is immune to flooding.

By the way, my response to the thread was not to defend investment in real estate or properties as some sort of inflation immune instrument but purely to clarify that the hypothesis (subject of the thread) wasn't/isn't scientifically verifiable with current data.

New construction is not immune to defects and I think it would be wise to get an inspection to make sure everything works satisfactorily prior to move-in.

but they weren't $50K worth of mistakes and those mistakes *cost me profit* instead of *putting me in debt*.I also think it's a fallacy to assume that $50K in education will make you immune to making a bad investment.  

Often times nothing is done to these illegal wholesalers because it takes too much time and effort on the part of the State to find and prosecute them, but don't think that you are immune to the legal process if someone in foreclosure takes you to court because they lost their home because you failed to deliver on your purchase contract by attempting to act as an unlicensed broker.Scenario 1:  An investor who invests in real estate and has bought several properties finds a great deal. 

I'm not saying that buy-and-hold is immune to all risks, but I do think they are less risky in almost all aspects from a project perspective.

This does not mean we are immune to it, we are still heavy oil industry but in recent years Oil and gas job growth has ranked sixth in Houston since December 09.  

People with auto-immune conditions are advised not to vaccinate, since this can trigger issues - the same types of issues that are on the autism spectrum.

I don't believe any segment, SFH included, are immune from oversupply.