The safest real estate investments are in underwater markets like Las Vegas

The more underwater homeowners a market has, the less likely it is to see much inventory on the MLS until prices exceed peak values.

Many people leave Las Vegas broke. Most of them lost their money in games of chance, but the latest casualties of Las Vegas were ordinary home owners who bought...
http://ochousingnews.com/blog/the-safest-real-estate-investments-are-in-underwater-markets-like-las-vegas/