I suspect most landlords here, myself included, view blanket efforts to halt the rule of law and the protection of basic property rights with healthy skepticism if not outright anger.

But if you buy at the right price you might not get appreciation per say but you may get the market just returning to a stable healthy price.

As long as the bank sector is healthy, no credit event in 2024 and there's no collapse like 2008 for residential, that's what matters.So we see market crash in some sectors but for most people we are just fine...The fact that RRP has reduced a lot is also indication that bank sector is more liquid these days.......

That is storing your money in a place where someone has already baked in all the costs plus a healthy mark up.

However, there are also other indicators that show a very healthy economy like low unemployment, growing GDP, low PPI, and a recovering/lowering CPI... 

People, even in this economy, would give you a healthy penny for it.  

So if you have need for a liquid emergency fund for your health, I don’t think you should play with that portion by buying properties. 

Rather than entering and exiting based on market timing, I prefer to change an investment focus/strategy depending where I think the investment cycle is.Per Wells-Fargo analysis tomorow, the future is Fed 2/5 Notes yield around 4% so 50-70bps lower than today and it would not be like in the previous 40 years where there would be a huge spike down "reverse V".So if we assume the Fed Note at 4.25% and healthy spread is 200bps, we expect the Commercial Rate Note to settle at 5.7-6.75% in the long run.Having said that, if cap rate settles at 6.5-7.0 that's a pretty healthy spread, so I expect the valuation to down 50 to 100 bps from today.I see lot of "funds" level syndication these days, almost none of them running in healthy financial metrics.

The best defense  is a healthy offense.

Out-state will force you into the healthy actions. #3 - let the market split the difference.