What I saw was not a need for additional housing (Jackson's population is shrinking not growing) but a need to rehab existing housing.

If all other variables remain equal (cost to purchase a property, tax, insurance, etc...) as interest rates continue to rise, profit margins for new purchases should continue to shrink.

By putting less down, you're shrinking your denominator, which in turn increases your returns.

By having this months completed by the 1st we have trimmed the full cycle down to 25 days and will continue to shrink it.

If you can export back 3 or 5 years, you might be able to more accurately determine if that market is growing, staying the same, or shrinking a bit. 

The elected officials are telling horror stories trying to rally support as their core base of voters shrinks. 

Here is county growth data: https://www.businessinsider.com/fastest-growing-and-shrinking-counties-in-america-2019-4Another look at census data: https://census.gov/content/dam/Census/library/visualizations/2019/comm/percent-pop-change-metro-micro.jpgPeople fleeing NY: https://www.newyorkupstate.com/western-ny/2019/04/census-new-yorkers-still-fleeing-state-population-decline-spreads-to-nyc-area.html43% of CA voters say they can't afford to live there: https://www.cnbc.com/2019/03/08/43-percent-of-california-residents-say-they-cant-afford-to-live-there.htmlNext up, US population dispurses to Suburbs, rural areas and "middle of country" metros: https://www.brookings.edu/blog/the-avenue/2018/03/26/us-population-disperses-to-suburbs-exurbs-rural-areas-and-middle-of-the-country-metros/Here is actual flow map of migration patterns in the US based on census: https://flowsmapper.geo.census.gov/map.htmlCheers! 

"Life shrinks or expands in proportion to one's courage."

Where you need to be careful is if your market is tied to some microeconomics trend that would cause downward pressure on housing prices, like one industry or employer town where that employer or industry is shrinking and demand for housing is decreasing.

I live in a pre WW2 house and the tenant has been living there for five years.She said the door wont shut anymore like the wood expanded. When closing the door it gets stuck and is so tight it peels the paint above. U...