Now, I must tell you that this old hardware store was converted into apartments back in the 1940's because of a shortage of housing during WWII in the SF Bay Area.  

Of course, we know what happened after that and the housing shortage disappeared overnight.

She would tell you that she was prepared for a food shortage.  

^how true; SD's are meant for repairs, damages & rent shortages, not a 'line of credit'caveat emptor Sec 8 inspections likely to find the gas (ie, stove) 'doesn't work' and stop payment of rent disbursements  if tenant fails to clarify that it was shut off (if it ever were to be) due to nonpayment. by the way OP, do you provide your tenant with annual sec dep interest credit, or are you exempt?

I dislike the term inventory shortage, because it makes people think there is nothing to buy, which is incorrect: there are about 3% more properties for sold this year than last and about the same as back in the days when we had lot's of inventory.

We are already facing severe shortages and we are not even at the peak.

Our tenants know that kind of landlord 'flexibility' is hard to find and they reward us by staying and staying and making good on those payment plans.Only 5% of the housing stock in Akron has been built in the last 20 years and it's unlikely to improve since we are still very slightly declining or flat in population growth.and lastly there is a HUGE shortage of affordable housing (and an even bigger shortage of 'decent' affordable housing), especially since 2008 when the market was decimated and so many properties were torn down.Anyways, I sure hope I'm right because my portfolio is heavily weighted with 'C/D' one bedrooms.

Both times we had to go there to get the work done as there was a large shortage of contractors. 

There will never be a shortage of students or staff who would like to live near the university.For what it's worth.  

@Nick Gann actually usd are in a severe shortage in the overseas markets, due to massive usd denominated debt causing a spike up in dxy.