I've had a new tenant move in and noticed that the water consumption has spiked higher than normal.

Such as prices rising 250% in the late 70s during a rising interest rate enviorment, we also see the spike in interest rates in about the 90s on this chart at the same time as a spike in interest rates.I agree, there are many areas that show an inverse relationship and many areas that show no correlation or direct correlation during very short periods.

there will be a spike in foreclosures, even if the overall market isn't noticeably tilted.

Some of the information is state specific, but there are a lot of federal programs you and your residents may be able to take advantage of.On a side note, we have seen a tremendous spike in rental candidates interested in our available units.

@Hai Loc the low interest rate is spiking.

Literally, I've never been asked, not a single time, so the relationship is rock solid to the tune of 100% or nearly so.Don't get me wrong, you better bet people were howling to the moon about their rate in Summer 2018 and other times like that, but no one asks if I feel "guilt," or ever implies that I was a bad person or anything remotely similar, even when the spike is >25% in 1 year.

The problem becomes what happens when they go to underwriting in a highly volatile time.My personal opinion is that as credit starts to tighten and the effects of the unemployment spike start to seep into the market you’ll start to see that drag on the market.

Is it a spike, a bubble? 

I don’t know what’s up with the spike in “should I quit going to college” posts.

Social security payments were based on the last 2 years working so you would want to spike your pay so you can maximize your social security when 65.