Because you chose to invest in RE rather than maintain the reserve. 

@Tony Moreno For the next few months, I would continue to sock away money, look for deals, and find a partner who has the funds to float the deal you want (do you have a family member who just pulled monies out of the stock market?). 

Most of our tenants would want to stay in our well maintained properties so hopefully they'll do the right thing.

Right now high activity/interest spaces:Real Estate (lower interest rate) Stock Market (casinos are closed) Dogs (pounds in NY don't have any left) not crowded spacesus $$ very strong maybe buy property in Brazil. 

It seems like most of the stock in town is around the century old mark so that is good to keep in mind.

It seems that they are not trending with the stock market, but they will.

However, in many cases this oversight brings with it more consistency and keeping the housing stock up, over time - which is one thing that drives appreciation. 

Prices will fall, once the real estate market catches up to the stock market (6-9 month lag time).

And it makes me slave to the government.I maintain a healthy savings and can easily absorb up the loss without impacting my business or personal lifestyle.

Does the stock market crash make a difference at all in this discussion?