I think I follow your logic. 

Even small condos in rough areas are over $200,000 Median home price In la county is now $615,000https://la.curbed.com/2018/7/24/17608186/los-angeles-median-home-price-june-core-logic

@Jim K. the idea that a W2 job is secure is false logic.

As for BI articles, they are all clickbait and often hold no logic, neither on the negative or the positive side. 

So scary emotionally even if logically the moves totally make sense! 

I personally agree with you we are not looking at a crash but more a slowdown or correction but not based on this logic.

But, for me, this seemed to be the most logical solution.

With that, in a sense of logical and fundamental thinking i cant depict you, the majority of whites or section 8 recipients in any broad sense.

That is my logical *opinion* based on my experience of how buyers think and act.What strategies investors are using here right now: it's no secret we've become an appreciation market over a cashflow market in recent years.

(Similar logic could be applied on the personal funds side as well).