Wife and I live in a paid off tiny house just a block from the Gulf if Mexico.

I just met a guy who probably controls around $50M in RE (his family has been in the town since 1905), but he works in a tiny, untidy office and drives a beat-up truck. 

What if I bought a tiny ranch....can I sell 1 million dollar apartments? 

I'm not sitting at my laptop on a boat in a marina with my multiple girlfriends du jour in thongs bringing me umbrella drinks every time I snap my fingers.

His rentals are now a reliable source of steady and recurring income (which is invaluable for a retired person but also a small % few have...beyond a tiny Social Security check). 

You know it’s funny back when I was flipping in dc pre covid, I was always amazed at the prices and in the back of my head was like I cannot believe people are paying 800-1 million to be in a tiny rowhome in a frankly pretty rough area, now of course everyone who didn’t grow up here throught it was just was the way it was, but growing up here I tried to explain to everyone just how bizzare it was that the city was so much more than then the burbs, (from 06 on there were entire areas that went up fourfold, where as the burbs were kind of flat for a decade) I won’t say I saw dc’s crash coming but it seemed so unnatural to me having grown up in the area, I also don’t think we’ve seen close to the bottom as far as urban real estate, as you said you can still trade a house in the city for one in the burbs but really given how urban living is + remote works, cities should be significantly less than an equivalent burb.

But... that is likely to be a tiny minority.

We conditioned to ignore price, just use this tiny down and here ya go.

And only a tiny fraction has been through more than one recession. 

I'm currently converting an old short school bus into a beautiful tiny home on wheels which has been keeping me very busy!