If rates fall, prices presumably go up more. I'd consider cashing out some to reallocate to something else. Not saying I believe in doom and gloom from some other users, but if there is one more property run, I wonder how much more it can go up by in another 5 years.
I'd probably keep the AAA-class locations though since they only tend to come up once every 50 years, but just get rid of the A-grade, B-grade ones as they're not easy to get rid of in a flat or falling market.
Great Deltaberry,
After all, no matter what the rates will be. As investor, it our call to adjust (adapt). You can't stop the rates going up/down.
If you can tweak the strategy to favour you, I believe you will surf the wave well
Some people will in trouble while they buy over limit/leverage. Some will do okay, and survive. Some will benefit the situation.
So if you think that way, what a great position to have that options