Most rational people have come to grips with the fact that 2008 isn't going to happen again in our lifetimes and work with what's in front of us.

To be successfull you need a spirit inside of you that will allow you to objectively view a situation, make a rational decision, have a good math, business, and negotiating backgrounds, and in my opinion the two biggest attributes that are needed are the ability to make a decision (it sounds easy but it iw harder than most can possibly believe).

If you approach it rationally and respectfully, there's a good chance he'll see the light.

If you can rationalize how it wasn't "your money" (even though it was) in order to justify the headline then that's on you but it's inaccurate and intentionally misleading (this is also the definition of fraud).  

My attempt at a comparison is below.Background on existing rental:Value:~ $400KEquity: ~$250K Original Downpayment: ~$25KPrincipal paydown: ~$7K/year (loan has 15 yrs left)Price to Rent Ration: .47Cashflow: $150/monthThe thought would be to take the equity and buy several lower value, but better cash flowing SFRs in a market such as Kansas City.

and they were not giving out samples and they closed the food court.. so just there probably 10 to 15 people did not need to show up for work and lost wages. there was no TP or paper towels and water was being rationed at 2 cases each. 

If you are planning to live in a unit, you may qualify for a high-ration mortgage (10% down) or as a CMHC first-time homeowner (5% down).If you are talking about true multi-unit properties (5+ units) you will be dealing with the commercial lending folks at any of the Big-5/6 banks or at a credit union.  

For those that think that rationing couldn't happen here in the US, it already is with Medicare.

The rational is the same as switching more stocks to bonds as you get older, you have a lower risk profile because you don't have the time to make it up.

My guess is that the OP, 22 years old, is looking for rationalization for NOT going to college.