.- CA real estate is cyclical so learn the housing cycles.

Markets continually cycle.  

As a criminal they loose their rights and custody is given to the state who then finds a good home where the child will be taken care of and taught properly, thus breaking the cycle of perpetuating the babies we cant take care of syndrome.

This is one of the stages in the cycle back into the arms of a dictatorship.

I saw a lot of developers in 2007 get pounded trying to make the huge scores when the development cycle changed on them.

I truly believe that the only way to a deal would be rapport and during that process you can find out the type of person they are and get a long with.. i guess i have reached the end of the rapport cycle am now going to discuss price... 

It's all about timing and I think the appreciation train in CA has left the station for this cycle.

This is the case for both the expansion and hyper-supply phases.The First Indicator of TroubleThe delineation point between expansion and market hyper supply is marked by the first indicator of trouble in the real estate cycle: an increase in unsold inventory/vacancy.Phase 4 - RECESSION: The transition from hyper supply to recession is marked by the second indicator of trouble in the cycle: occupancy falls below the long-term average.The Second Indicator of TroubleNew construction stops, but projects started in the hyper-supply phase continue to be delivered.

It is the continuous spending cycle that is to blame.

So it's fair to assume a cycle of lower prices may come to increase investor returns or, as I mentioned above the best case scenario is static price.