With low mortgage and refinance ,it's like a lock for homeowner *not* to sell.This may change if there're massive layoffs in the public sector, but if unemployment goes up and inflation is up then most likely Fed will restart QE again.

In 2021 we have Robinhood and M1 Finance brokerage where everything is Gen-Z style: all zero almost no cost, or M1Finance with zero commision. 

Is Amazon placing a new distribution center near your rental market or did the largest employer in the community just lay off half the work force?

My initial goal was to have property where I don't have to pay for a mortgage out of pocket due to lay-off risk in my job.

I started a new job in January (after being without the W-2 for 6 months due to a layoff) - how long will I need to work at this new job to have this included as part of my income?

Historically, such declines have served as leading indicators of an impending recession as employers tend to shy away from layoffs initially, opting instead to reduce hours, making this decline a significant red flag for the economy.Adding to the concerns is the fact that 639 U.S. corporations filed for bankruptcy in 2023.

The tech industries could have large layoff but if their stock price is rising some employee would get enough cash to buy....more properties. 

A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.

The other risk I see is if there are layoffs of the middle-management ranks or high tech programmer/analyst type jobs move offshore.As you move down the price ranges and even on the higher end price ranges, if they are priced right, they get sold, get sold pretty quickly, and still getting multiple offers.   

Layoffs and mergers by necessity are happening almost every day.