Since lease turnover controls your timing, it usually take at least two rent cycles to make a significant impact.  

All the married E-6s need places for their families, all the single E-4s need ridiculous tattoos, meaning the new tattoo artists in town need places to live, oh look a zillion barber jobs just got created, restaurant workers, civilian staff for the base, et cetera.I wasn't smart enough to have been in RE while still in, so I don't know where to go to find the "Master List of Major Units Permanently Relocating To a New Base."

Lastly, It  doesn't account for regional differences in costs so those in low wage markets may see a big impact on the cost of goods and services.

While the areas with bad schools and perhaps some crime issues like the gentryfying neighborhoods in DC...Petworth, Brightwood, Ivy City, Brentwood....will have huge price variations based on the condition of the property.Now do flips happen in Fairfax and Montgomery County...sure, but in nowhere the same types of numbers that they happen in DC and PG County.It doesnt really speak to Dunkirk exactly, but I hope it sheds some light on how doing X, like rehabbing a bathroom could have a huge impact in location Y, but no impact in location Z, and thus why you can not really have a rule of thumb that spending A will return B. 

Just natural appreciation/inflation are going to have a huge impact over 30 years, and could vary quite a bit between what we expect now, versus what we actually get in the future. 

I am not sure you mean when you say "where" we use it, but I can give you a high level of a lease option is, but I would caution you on you structure anything like this, as there are some Dodd/Frank Acts that impact how these can be done.  

Thus, the only projects that could make a meaningful impact on supply are the massive condo and rental towers being constructed.  

There is still much controversy over the legality of that product in California.The city of Los Angeles, and many other cities in So Cal, have taken strong stances against tenants in buildings concerning their use, their occupancy permits, and their stringent review of the premises which may or may not impact the landlord depending on the city's findings.I'm in the CRE business and I won't have anything to due with this type of tenant.

That impacts anyone...and most here probably wouldn't jump back into debt after that either. 

Hoa fees will really impact you there and I have seen them vary from $200-$400 a month.