To test my thinking, I created a simple model that projected total cash flow and equity over 5 years if I:Bought a good, cash-flowing MFH now and recession hit in 2019Waited and bought an MFH in 2019 during a recessionWaited and bought an MFH in 2020 during a recessionThe model assumes that a recession results in a 10-20% drop in housing prices which rebound over 1-2 years.

So in my mind those markets are long over due to finally get with the rest of the US on values strengthening etc.. its exciting to see the rebounds..

This year we've had a lot of tenant turnover, and are re-renting a lot of units to new tenants for 15% more because of how the rental market has rebounded.

The party places (Ibiza, Canarian Islands) are still having prices go down as well, it'll take some time before this market rebounds.

I’m anticipating a bit of a rebound next season but not expecting them to reach 2019 again. of course this is one small piece of a very large market and may not be consistent across the market.

And rates were beginning a long term declining cycle 1980-present)Data shows this should rebound hard in the 12 months following the ending of this outbreak.

Of course, it could drop and rebound quite quickly..or it could keep going up, or (insert any number of things that could happen in the next months).

One was a rebound when I was outbid and the first winner didn't get it done, one was where I just impressed the seller in the interview call (must have been an "on" day!)

I was reading an article earlier that painted Portland as being a very competitive/tough market and was curious if Vancouver was the same.Caleb,Vancouver like the Portland metro area has a strong rental/selling market and has rebounded quickly.  

These are some of the nightmares that run through my mind, but it's good to know you rebounded and things worked out for you!