A good friend of mine showed me some unsolicited advertising emails he had received promoting the virtues of Bitcoin - two months ago. 

Personally- If I had to do over again I would have done my own house in Lifeproof Luxury Vinyl Floor Planks...

For the past 20 years I have been building luxury SFR and large multifamily/mixed-use projects in Fairfield & Westchester Counties.

Not add the luxury's, but make it livable and then talk to insurance company. 

i would think should get major bankruptcies soon, luxury condo high rise developments will crash etc. so from that side, real estate should see some major shifts. what some can sense is a NEW NORMAL is forming. self driving cars, zoom happy hours, docusign etc. yes, many people dont work in tech, but those who work in office settings.. this tech enablement has been present for a while and in the future the mantra will be.. well we can have half the size office we had, save some costs and drive up profits.. at least if i had a company like Goldman sachs w 5000 ppl tower, id just cancel half my lease, have 2500 rotate WFH and office and drive down major costs..

Owning a personal home definitely is a luxury not a necessity.  

I hope that changes and I want to buy an investment property.. however, I still have cold feet because the luxury of investing in REITs which are very professionally managed gives me exposure but it doesn't satisfy my passion.

For us there is no reason to allow one tenant to cost us more to manage that all others and since we do not have late fees to cover those costs it is most cost effective to only select tenant that will pay on time.Hobby landlords that place no value on their time or money have the luxury of not caring if a tenant pays late.

Appreciation by virtue of it's name doesn't sustain a business - it's just appreciated.

They make or break your investment and are a necessity, not a luxury, especially for those of us out of state.