I shouldn’t have to get legalistic in disclaiming everything as “in an apples to apples scenario”.

I think with anything you have a certain amount of bad apples that make the rest of us landlords look bad.

@Jonathan Hulen then you also need to keep the comparison apples to apples.

I buy what I like or know, products I trust or use for example (Amazon, Starbucks, Apple).

Apple can't make money and will ditch the product.  

If I can get an understanding of what you mean by Asset Price and what you mean by Valuation, that would help since I am equating them to be the same.It seems that you are saying that Asset Price is Equity since you mentioned $700k per apt in equity is $17 Million.If that's the case, then we are not talking Apples to Apples.To me, Asset Price = FMV.

Here's a few you may be familiar with: Steve Jobs (Apple), Steve Wozniak (Apple), Larry Ellison (Oracle), Michael Dell (Dell), Richard Branson (Virgin), Charles Culpeper (CocaCola), David Geffen (Geffen Records), David Oreck (Oreck), there's many more.I personally have a PhD in Business from Real Life U, a Masters in Real Estate from BiggerPockets, a MBA in Marketing from Bing Search, and a BS in General Studies from FaceBook...

Be a magnet for all of the burglars, rapists, thieves, drug dealers and bad guys so the rest of us no longer have to worry about them.

@Alexander Monnin I've seen a lot of posts about this over the past and while I initally liked the numbers, I realized you are not comparing apples to apples.  401K is offered pre-tax, so you're paying less tax at the end of the year.  

These are apples and oranges compared to pre-2008 when they gave out liar loans.