(P.S. don't turn this into a debate about the merits, I just want to understand the economic and social drivers that cause the different cycles)

I last time read:(like the 5th time so far)   that successful investors are aware of the market cycles and time to time when conditions are such they pay down their dept, then when dept gets below a certain level, they "pull money" out to re-invest it as need it for growth strategies.Ps.

If you look at the housing affordability index for your neck of the woods, I bet you are not at the top of a regular housing market cycle yet. 

Soldiers and college kids will be cycling through constantly.Good luck, James.

I hope that happens after I sell actually :)I'm relatively new at this as far as long term cycles goes, so I could just be way off and the local market continues to appreciate for the next 10 years.

It doesn't even represent a full cycle's worth of data.  

If you study history and learn its cycles, you would do well IMO.  

I suppose it isn't really a good strategy to rely solely on age as a factor, but I do like the idea of a life cycle analysis for big CapEx repairs.

My turn cycle is down from 101 days last year to 75 this year.  

@Susan Iwertz, we invest here in OKC and have found opportunities during all phases of the market cycle.