I also own properties in the Bay Area that I purchased in 2012 (rock bottom prices compared to today) and they don't cash flow anywhere near as good as my turnkeys (which I purchased as the market started to rebound and I got priced out of my local market)... even with all the markup.So, if you can't find deals locally, turnkeys can be worthwhile.

God Bless and I hope you will rebound quickly.  

Martin and as I think about it in my 12 years here in Oregon I have bought 5 primary residences.. first one I was in 6 months it was perfect timing bought just after 911 and market mini crashed sold it 6 months later on the rebound and made 50k.. then was in my next home 5 years and sold it and made 250k then moved into a rental condo that I had and over improved it and sold it and lost 60k sold in 2011 ish before market rebound but the next home was in a track of 14 I built and moved into that one and I have it on the market right now and will make about 175k on it tax free as I have been there 2 years.. and now living in a new home in Lake Oswego that I just custom built...

It’s rebounding noticeably.

Also when have land values not rebounded, grossly, when there has been the inevitable up and down of the typical CA market cycle?

As the economy recovers and the real estate markets rebound, lending will loosen and lenders will likely require less.

It is notable how the population increased 2007-2010 as the employment rate began to climb only to drop in 2011 and then start to slowly rebound in connection with a sustained reduction in unemployment.Economic GrowthPage 17 - Oddly, the report makes no attempt to discuss or forecast economic growth in Gastonia, rather they discuss economic growth in NC more generally.  

Housing prices only started rebounding again in 1986 when interest rates finally fell to 10%. 

Luxury segment will depend on whether and when the stock market rebounds.  

Then a rebound afterwards.