You might be in negative cash flow until the mines start to boom.

It's not just because of rate increases....Long Beach has been booming like that for at least a few years now.

,and BOOM you will be doing better than 90% of your peers. 

But it's important to keep them separate in your mind.For example, in the late 1980s, the economy was booming but the real estate market collapsed because of overbuilding and the S&L banking crisis.Many people, like Grant Cardone, have pushed the view that rental real estate does well in a downturn, because after the Great Recession, rental real estate - especially multifamily - did really well.  

At that time, the economy was booming.

Suddenly, what looked like a significant asset based turned out to be worth very little.ka-boom

Now I live in what would be considered an upper middle class neighborhood that is in a booming area with a very nice school district....

Branson has been showing an appreciation rate of 15% on average and has been booming for the last 3 years or so.

This city and province have hit its Real Estate Market Boom during the summer and still sizzling!

. :) SLC is still booming.