I feel like 75% of my activity here is telling new investors that out of state flips or BRRRRs and buying an $80k house in an economically stagnant or depressed area is a bad idea.

The market here is super investor-friendly with strong population and job growth, and a ton of major companies like Intel, Amazon, Facebook, Google, Honda, Microsoft, LG, and Anduril are building and expanding here.

He had lived through the Great Depression, and seen many peoples' property, farms and livelihoods taken from them, so he knew firsthand ...and he was right: Jobs come and go.

Now keep in mind why it was coining the Global Financial Collapse; because it was the 2nd worst "crash" in the history of the USA, secondly only to the Great Depression.  

Columbus is one of those markets that still has solid deals in the $120K–180K range that hit the 1% rule and positive cash flow, with strong job growth, population growth, and tons of major companies expanding here like Intel, Amazon, Google, and Honda.

If I recall correctly the Great Depression bear market lasted 10 years and in that time people definitely made money in the market. 

Here’s three  more we ALL have come acrossThe Engineer - doesn’t care about financials, price, value, cash flow, debt, interest rate, or anything of major importance.

It's not a great time to be a seller right now, with seasonal slowdown and more houses on market depressing prices, so selling right now doesn't seem advantageous if you can wait until Spring.

Other than the depression of 1920’s no government has had the wisdom and discipline to do that.  

Being an eggcrate type foam with depressions, when you lay on it, the 2" compresses down to feel comparable to a 1-1.5" solid foam topper.