If you are a buy and hold investor with longer term mortgages, a long term fixed rate will actually act as a hedge against increasing rates, shrinking PE ratios, and increased inflation.Real Estate as a Business - I am thinking when I reach potential retirement that I will have hopefully learned enough in the real estate investment world to make this into a business.  

The % of growth has shrink to single digit from double % since Q1 2012.

So there's a mismatch of supply and demand.There's a shrinking supply of available jeonse rental properties and a steady demand for them, so the jeonse prices have been increasing as the interest rates have been decreasing.

However, if your payment shrinks, it will improve your debt ratios.

If the market for home sales improves the PM business should shrink to some degree.

The economy is very strong and a ton of businesses are moving to DFW so the housing demand will not be shrinking any time soon.

@Jacob Sontag, the vacancy rate in Kitsap is shrinking quickly.

Since students appear to be the primary clientele, check on the status and plans of the local schools (are they growing, shrinking, etc).

The utility company then tells you that you have to scale down your building because it comes too close from their power lines and that they also need to have a wide access path to their equipements as they have a precriptive easement not mentionned on the title.You building is shrinking again.Then you ask them for a new overhead commercial service to connect the apartments, but guess what, while the old building was connected overhead (cheap) they will now only allow underground commercial services as the code changed and it will cost you $400k to install a vault in the street and connect to their underground grid.

You'll definitely see your margins shrink as well, as you will need to pay the GC and can't keep as close a handle on costs.