Thirdly because it could be outlawed like Oahu or so highly restricted, like Vegas, that it’s worth only what the property is worth, or less. 

Have you looked at Las Vegas? 

And for sure I NEVER order food .. it comes cold and soggy.. my kids in Vegas do this all the time takes forever plus its just not all that great once its sat for an or more. 

Too many people got way too crafty and built new luxury “cabins” similar to that of a trendy Silicon Valley style home, and that’s just not the market here, those places will take huge haircuts.also the pool cabin pumpers during Covid did exceptionally well when kids were doing school from home and there was a lot of demand year round for pools in off peak times…now those pool cabins sit empty because kids are in school and people aren’t willing to pay a premium to stay so the place sits unoccupied.

@Arina Alexiuc the volume of equity determines how much cashflow you can use for your life style.

I wouldn't expect much pullback in price unless there's a 2008-style crisis. 

House hacking a single family home in Las Vegas would be a great start if your living situation allows that. 

@Grazie PennacchioI would look to Las Vegas because of it's proximity. $30-40K is a great starting point but too risky in one of the most expensive RE markets in the world (SoCal). 

There're hundred of office space looking for tenancy next to google office in mathilda, also in patrick henry.These old 1980 style single story office after dotcom crash, nobody want to lease the space, even during booming time, no company would move there.what's funny is behind lawrence there are bunch of new  condo , that my friend ex manager at linked buy with cash, all from company option, and retired at 45, life is strange...i used to live not far from your cambrian neighborhood , who in the right mind think the area avg home price in 2 mil in 1999 LOL but yea some people is just lucky because of what they did during 2005-2019 era.the boom and bust cycle is very tangible in san francisco though....

That said, there are fair housing issues as @Christian Styles mentioned.