During the housing collapse, I got into REI, and in short order as people thought I was bonkers and couldn't figure what I was doing, swearing of impending financial doom, I simply said "I choose to not participate in a down economy", and it really was that simple, I made a choice.

Contractors told my client that the building was close to being condemned-apparently those row homes all support each other and a true collapse can pull down the homes on each side.Diligence on your part will go a long way.

The collapse of currency.

Can you imagine if the housing market collapsed in the same way?

In next 2 years, I’ll watch real estate prices go down in a Great Recession as the world economy collapses & then save up massive cash to scoop great multifamily deals for house hacking & as a real estate investor.2 questions:1.What can possibly go wrong?

In next 2 years, I’ll watch real estate prices go down in a Great Recession as the world economy collapses & then save up massive cash to scoop great multifamily deals for house hacking & as a real estate investor.2 questions:1.What can possibly go wrong?

Owner was a challenge to work with and since he wanted a quick close and we were happy with the purchase price, we opted not to scope the sewer line (despite homes of this age in the area after having lines collapse).

His message to the owners was that none of the tenants would pay rent, the rental market and economy would collapse, and owners should be prepared for the sky to fall.

If their economies collapse, it could have a ripple effect. 

I am just dumbfounded. I thought we might go negative maybe 10 or 20 cents a barrel. But this is just unimaginable, and its not even the low of the day.