nothing much changes there those that cant make it move on they don't get let go. and the top producer just get stronger shifting economies always affect the RE brokerage side when its hot bunch of people jump in when it cools like now the fittest survive the others look for other occupations or move to part time. 

So you need to have overall strong cash flow, so you can weather a storm, survive on 70% occupancy etc.

So, even the governments desire to increase money supply to avoid recessions (which result in the in power political party being removed from office)  may not be enough to ensure real estate future price increases.While I still believe prices will go up IN GENERAL, LONG TERM, I don’t believe that most investors have the staying power to survive even a minor correction. 

I think I am one of the few funders of turnkey sellers that is still in the industry. and no question there are very few that survived 08 to 2010. 

It was a glorious time and I have no idea how I survived much less graduated. 

The numbers" from a cashflow standpoint will mean different things for different people.Personally, I won't get out of bed unless I can earn a 15% net cashflow ROI yearly on any deal.Any appreciation I consider just the cherry on top.Granted, I wouldn't complain if I had some major appreciation on any rental since the time I started investing in 2011.You can however always live/survive of the cashflow.Just my opinion.Thanks  >Also, you can't really live/survive off the appreciation unless you tap into a HELOC.In my market refi is the primary means of extraction due to fixed rate.  

And during the economic downturns like what we are experiencing now, it will help you survive. 

If you grow up so stressed out because of the horrors around you that you can't focus on school and you only are able to focus on surviving...that puts you at a great disadvantage.

I could have stuck with real estate and storage full time, but i would have been sucking my businesses dry to survive instead or really reinvesting in the businesses. 

Survived the dot-bomb (made some money).