To answer your other question: Yes, if both parties have bruises or are bleeding when the cops show up, and the cops can't figure out who started it, they will often arrest both parties and let the courts settle it.

This has killed two deals in the past week though.The bad side is, I am bleeding right now because of holding costs.

Is there any place where prices are not at nose bleed levels but still has jobs...jobs being just one prerequisite to making money.

Who will get killed, who will bleed, who will be opportunistic, and who will do nothing?  

Well, my answer about the color would be "red" or "brown" or "yellow," because of the brick, you see...Vince, if you and other like you keep on ignoring the "real" in "real estate," and focus on financial metrics in the uninterrogated belief that House A is just as good an investment as House B as long as the numbers are roughly similar (and maybe the property inspector you hire doesn't loudly tell you not to buy it), you're going to bleed money in the long run.

@john Corey those are some interesting points, the latest data I was able to find was the population hovering around 670k, and also that the bleeding has stopped in that those leaving are less than 1%, I think it was .06%. 

Now a nose bleed level of 4%. 

I did a small calculation on a 920k property - 20% downpayment (184k)- 80% loan (3.1k) a month- monthly rent (3.5k) for 30 years at 3%- cash flow, after deducting taxes and everything, it will be -$603- hence, I will be bleeding every month.

I see some SFR investors with personal finance issues that bleed over into their SFR business. 

Cheaper laminate floors have a thin covering and swell if water is left on them.