*Speed limit is 35 mph*1 mile population is 5150 people, 2300 households.  3 miles is 37,800 people, 15,200 households.  5 miles is 73,500, 30,500 households.

However, Case categorizes this as “normalization” rather than a market in free fall.Stress, Foreclosures, and the Landlord Exodus NarrativeWhen the decline in home equity and the increase in homes underwater are analyzed alongside the growing issues with household credit, a narrative begins to emerge: The population—especially those with moderate incomes—is under increasing financial strain.

Secondly, when considering multiple adults, the 2.5 or 3X is for the entire household total gross income, not each individual, which is ridiculous under that circumstance.Over 30 years as PM, averaging well over 100 units under management, never spent time tracking down second prior LL.

Check local household incomes and tenant demographics.

.- The higher $122k AMI household income allows for up to $3,050 per month.The Mismatch: High Expectations vs.

I have some reservations about borrowing against my home as I am the only person with an income in thr household.

My wife actually originally got her license for the same reason...so we could list our own flips instead of having that revenue walk out of our household.

Scenario 1 (buy new primary with VA, convert current to rental) can work — but now you’re introducing leverage in a HCOL market right as household income may drop.Before doing that, I’d ask:If your current home rents for ~$3,500/month, what’s the realistic net after vacancy, maintenance, management, and higher insurance?

Usually, people spend about 30% of their gross monthly household income on rent.

Starts already stalled ~5% YoY; expect flips/renos +10-15% rehab costs, rents up to offset.2026 Plays:Multifamily wins: Inflation hedge, rent hikes pass-through.​Distressed edge: Foreclosures tick up if affordability tanks.​Risk: Bond buys ease mortgages, but $2.7k household inflation erodes buyers.Would love to hear other perspective about this.