I don’t know dude, there are a couple of significant trends that could make any significant rebound pretty far off.
For the last 30 yrs housing prices have gotten a boost from ever lower interest rates, and that will almost certainly not be the case over the next 30 yrs.
Baby boomers are beginning to switch from net home buyers to net home sellers, which is a trend that will get worse since a large fraction of them planned (and/or will need) to sell their house to fund retirement.
RE in some areas, like NYC and San Fran will probably always bounce back, but one industry towns, like Vegas, have a history of staying busted. Post-steel boom areas like Pennsylvania and upstate NY have never recovered the loss of that industry.
I don’t doubt that people will keep on gambling, but the water situation in the Southwest is getting dire, and will put a limit on growth, while surrounding states relax ordinances on local gambling. Though, the crappy dollar is keeping people in the states, so you have that going for you.
IMHO the odds on an eventual (~decade) RE recovery in Vegas are not bad, but I don’t think it is a certainty. There’s an awful lot of still-overpriced inventory, and not all that much demand. It’s kind of hard to see what is going to fuel another boom.
Good luck.
