There will be a collapse soon, but why do you care?

[Jorge Vazquez]

I realized that if I had kept more reserves and had less leverage and done a rental stress test on my properties, all of the properties I had that I bought at the top of the market in 2006, I would have been doing better right now. So I promised myself to be more due diligent but never panic again. We are 25% higher in value/rents now than at the top of 2006.

So what does it matter if the short term goes up or down when you are investing long-term?

If I had all of those properties, I would be killing it even more than today!