I much prefer a Positive Cash Flow investment over a speculative appreciation play.  

Here are some thoughts from a San Diego RE investor who has done fairly well:- VA loan leads me to speculate you put very little down.  

However, I recently learned about the AB 1771: The California Housing Speculation Act that took effect on January 2023.

These all led to speculation and one-offs.

Real estate investing is still speculation. 

How much the fee is not really the point but rather its a 45% increase the problem is simple becoz insurance company is almost on default on insuring us.In the last two years their cost to insure us is reaching two standard deviation.think the insurance company as speculator, if they think the max damage in one area is 100 mil but in reality it's 300 mil , they lost money and they stopped producing new client.

Are you an investor or a speculator?

Determining whether someone poses such a direct threat must be made on an individualized basis, however, and cannot be based on general assumptions or speculation about the nature of a disability.

Just speculation...

Specifically in those satellite markets; now this is not true for every circumstance- but by an large you don't want to speculate a quick buck in a market that in the future will be obsolete.