Most homes were foreclosed on especially when the great depression hit.

Town is depressed (slowly coming back) has a population of circa 50K and is a working class town.

Microbial influenced corrosion (in addition to others) often manifests with creating blisters on the outside of a pipe as the interior of the pipe develops a depression.

Many commercial loans can have an ARM where the underlying index will be based on a real interest rate, in which case whether you benefit or not from inflation will depend on the increased cost of debt service compared to the increased revenues from higher rents.Also, as I have pointed out earlier in another thread, higher interest rates increase the discount rate used by future investors and can depress property values if you try to sell an investment property.

It is really tiring and depressing to spend almost 2 hours just talking about pre foreclosures.

Just be cautious with your numbers because it's still a fairly depressed area.

By that standard, even with the downturn, you have a 2-3 year pocket against a long-term investment Yes, a lot of short-term investors leverage their properties to buy more properties (utilizing a HELOC), but that's not any different than what many standard long-term investors doThis situation is awful for a lot of reasons, and may keep short-term rental numbers depressed for the next year- but a lot of short-term investors already know what a depressed season is like because rentals don't do as well October-March.

Tax deed auction last week there's a house in an economically depressed area in northern New York State (Clinton County). 

Obviously, in areas where pricing has been recently depressed due to economic or other conditions, there is usually more opportunity. but without a strong team and enough knowledge you can end up with mediocre result anyhow.

That's depressing or limiting their value.