I know lenders are starting to get cautious on home values and cash out refis in particular since they were associated with a lot of defaults in the great financial crisis.

I am weighing this purchase against holding my cash position for potentially upcoming foreclosures and Covid-19 economic fallout. 

You should also look into degree programs that include, at a minimum, one business and one economics class. https://dodskillbridge.usalear...I agree with Brian as well.

The current measure PROP 21 is very similar to a previous measure that was soundly defeated in 2018.However, the current proposal seeks to deftly exploit the ongoing Covid-19 economic crises notwithstanding the numerous financial and operational hardships already being borne by the landlording community.Therefore it's vitally important that the landlording community (in all states) recognize these harmful initiatives and the nearly universal long-term counterproductive effects that they have had in practice.

I didn't realize how much of an asset this avenue was until the 2008 financial crisis.

I was telling this story the other day and why it's important and decide to share it here since I haven't been an active member.My first property was a condo and when the financial crisis hit the market dropped in the area. 

Well good thing to know, since the people selling it could not legally sell it.  1 crisis averted.Back to house number 1.  

We've also weathered economic downturns better than most of the US.

@JD Martin I see your point and I think it's clear that (to this point) the Great Depression was significantly worse for owners from an economic standpoint, but I think the 'eviction' question is still relevant.

But there is little insight on what significant levels of inflation, such as that caused by COVID, do to these trends during economic depression/recession in the united states.