Quote Originally Posted by Gannon View Post
Unless something happens which lowers the valuation of ALL properties, something that is never, ever considered in any banking and insurance and mortgage growth potentials. There was rampant deflation of everything around real estate in 2008, and it can happen again in this world climate.
isnt that more relevant though in markets like new york or chicago? he's buying these properties at rock bottom prices, so isn't the risk almost nothing?