If pressed to lend a label to Minneapolis right now, I'd have to say "Decline" is the #1 that comes to mind for Minneapolis.

Meanwhile the lack of investor interest (discussed in my point outlined in the previous paragraph) in pre-1995 property will lead to lack of property upkeep, not to mention the lack of natural tenant turnover (because a tenant is incentive-ized to remain in a rent controlled unit) needed for a growing population/renter base to flourish.A few more ancillary ramifications could be: stagnation in property taxes collected by the city due to lack of property value growth, decline in lower income and working class housing being built due to lack of project feasibility, deterioration and/or flight of the business community surrounding areas of older property because of lack of available housing.Would love to hear your thoughts @Russell Brazil Account Closed

While a 15 to 20% decline in prices is bad for investors - it isn't a disaster for the banks if the owners have 25 to 30% equity in the property.

Just declined a $1.4M offer...that was a difficult decision.  

If you decide to start spending more, I suspect that your happiness level over time will remain the same or even decline.

If in the future I decide to decline a quote arising from a tenant claim, what are the repercussions?

They have proven facts clearly showing that some whites decline purchasing houses from African Americans.

As the cash value accumulates over time, the net amount at risk to the insurance company steadily and predictably declines.

Some other factors to consider though on a portfolio level:1. 7-12 years (more so on the latter) into a 30 yr mortgage you will start to feel the decline in annual interest expense. 2.

Especially midwest properties in declining areas.