The previous RE crash was not just driven by the condition of the economy- there were highly systematic flaws in bank financing procedures that lead foreclosure (and therefore excessive supply) in a manner that a normal economic crisis would not likely cause to the same degree.

Supply and demand sets prices, and that factor increasing rental demand more than offset the decrease due to the wider economy (source) (you can also see that "have pulse, get mortgage" actually drove rents down ahead of the crash... by contrast it is now pretty hard to get a mortgage, further driving rent demand):And, finally, if you purchased in 2007 you probably got an ARM.

The inspector determined that the placement of the tenant's furniture was a violation on the Landlords part and rent was withheld. 

This is a nice, clean basement apartment, but very under-supplied.

From my understand since in Kansas a landlord has only 30 days to supply a list of damages or return the deposit, I've been told he can no longer actually withhold my deposit or ask for additional damages payment. 

There were similar items in the pantry, including shelving units, tools, cleaning supplies, and a mop that we also did not remove as they were not ours to get rid of.

So it all depends on demand vs supply.

Our market has priced that into real estate where supply is constrained and demand is high.

Thanks BPFundamentally prices of anything come down to supply and demand.

Money supply and 3.