My point is that debt service on whatever has a good chance of coming back to bite you, whether in the form of dti issues, liquidity issues, or some other reason if times get tight, as in when we have another recession. 

I have a friend who was an architect and was fired from a big company during the last recession.

Stock market and home values don't generally coincide unless you go into a major recession with major underlying economic issues.The stock market is no where near the entry points of 2008.

Goldman Sachs Group Inc. said today that the U.S. recession would be deeper than it had predicted previously, with fourth- quarter gross domestic product likely to decline at an annualized rate of 5 percent.

A sobering bit of info from Moodys Analytics said home prices in Naples will not return to their pre-recession peak until 2038!

I think a recession is imminent, but can't say for sure if that will be this year, next, or in the short years beyond that.

They fall the farthest in a recession and take forever to return.

The debate of--is it or isn’t it a recession--drives me crazy.

Now at 25 just closed on my second deal but feel as though I am years behind the 8 ball, having missed the fallout from the recession.

I have noticed , you can get cheaper sheet rock ($9 as to HD $12) cheaper Tiles / LVT, windows($100-$200 cheaper per big window) nails , PEX, plumbing, roofing material , electrical, ( wire,breakers,boxes,outlets etc), cabinets, fancy countertops , appliances, chalking stuff, HVAC, Ducting material, HD/ Lowes for carpet installation, vanities , toilets , doors, led bulbs, subpump material, cleaning material, , fans, spray painters, recessed lights.