I've lived here since 1989 and the only real blips on the screen I've seen in my time have been during the tech crash and the 2009 recession.

She got the RM for $300K right before the recession hit about 2006.  

.- I think Las Vegas has made significant progress in diversifying its economy since the Great Recession.

I have a few books on the way to help me; "Rich Dad Poor Dad," "Building Wealth One House at a Time: Making It Big on Little Deals," "The Book on Investing in Real Estate with no (and Low) Money Down," and "Recession Proof Real Estate Investing: How to survive and Thrive in any Phase of Economic Cycle."

I took note that there were many unfinished houses and projects and apparently the islands were hit hard in the recession since 2008.

But, we won't do granite, we won't do hardwoods, we won't do recessed lighting, etc.As for exterior, we'll replace any bad (rotted, worn, etc) siding to match the rest of the house, and then paint, so the buyers won't even be able to tell what siding was replaced.

Have seen recession destroy business and same time the business owners stock investments too.If you are heavy in RE, to me being light in stocks is what makes the most sense.

I strongly believe over the past decade that the country has been riding on the backbone of the commodity boom and the main driver that kept it out of the Great Recession, and hence, the real estate boom.  

It's incredibly insulated to recession, all of the off-market deals I've seen in the last year have met the 1% rule, we do have a bit higher insurance (1% of purchase price per year) when compared to some markets but it's only due to wind and hail affecting your roof.

With a new, smarter Fed that knows how to control inflation, European recession, strong dollar, and cheap oil, how can they go up?