Banks asset values (loans and investment securities) plummeted during the crisis driving down their capital ratios and their ability to lend. 

I was surprised to find my credit score plummet substantially, as I have never missed payments in my life.  

Number of houses for rent on the market plummet fast till the Jan bounce, then it freezes over in Feb, and we take off in March.

Pulling out equity constantly so that your mortgage payment continues to rise seems like a recipe for disaster IF the market plummets.  

Read more: http://www.housingwire.com/articles/39821-vacation-home-sales-take-a-plummet-in-2016

We saw in Houston four years ago that value add apartments our partner had fared very well, occupancy and rents stayed steady while oil plummeted and oil related jobs fled, while class A (new apts) occupancy fell a lot more and owners had to offer concessions. 

You don’t know if you can get tenants in there long term or if they’ll stay ,you don’t know if the house will appreciate or if a national crisis will plummet its value for the next 8 years you don’t know if or what terms you can refinance the property down the road .

Many owners have a propensity to hide cash payments which lowers their NOI causing the value of the property to plummet. $5k of unrecorded income will result in a $62k loss of value at an 8% cap rate.

I totally see the problem with cash out because the lenders are afraid of future declining values and so they don't want upside down mortgage in case the value plummets due to financial crisis.

I am from NYC and the real estate market in the city has been plummeting and was wondering if the growth in Atlanta has plateaued?