Who knows what the market holds everything is just technically opinions or speculations.

I would think that's a speculation, just as any investor "predicts" that the area is the next upcoming neighborhood.

You guys are so doom and gloom, come on man, the fed (that caused all this btw) is going to save EVERYONE, Banks, credit unions, trust and mortgage companies, investment banks, underwriters, brokerage firms, hard money lenders, stock speculators, the airline, auto, restaurant,hotel, bar, retail, casino, and travel industries,money market funds, the repo market, the global fx market, the stock market (direct purchases soon), the bond market, the derivatives market (oop's sorry ronin capital), consumer spending (helicopter money only 3 weeks away), your local bowling league and oh yea, air bnb.Don't worry the largest financial event of our lifetimes, BY FAR, will be over in a jiff and you will be rested and ready to get back to work!

I am just speculating.

Haha, speaking of speculation! 

For me, that is when there is a lot of speculation in the RE market without underlying value and healthy market conditions.

Just speculating. 

Of course, this is mere speculation...

Great episode , I thought the part about speculation vs investing was great.

Hi John,To give you an idea I have 7 clients from California right now doing 1031's into commercial property in other states.California has great equity growth through appreciation speculation but like you I believe that last for only so long.