It would collapse the economy, because right now the economy is based on printing money not on production of goods.

Say a total housing collapse happens, by whatever unicorn riding leprechaun spreading depression pixi-dust, to make mass foreclosure on level for a 50% price reduction as stated.

I encourage you to write down what you’ve learned so that you can use it as a reference next time.Investment OpportunitiesThe pandemic and the resulting economic collapse will lead to huge opportunities in the commercial real estate space.

Unless lawmakers agree to replace that extra $600 a week aggregate consumer spending in the U.S. will collapse — a far steeper decline than our country experienced during the Great Recession more than a decade ago.

As you recall, the government pumped trillions of dollars’ worth of aid into our economy, but only because demand was on the verge of collapsing.

As other's have mentioned, you just want to be sure STR's are allowed (and will continue to be allowed in the future) and as always, make sure the property can still cash flow as a regular rental and/or don't over leverage on the property in case you have to sell due to market collapse or STR restrictions either by the HOA or the county/municipality. 

Even when the market collapsed, my portfolio was only down about 10% and it bounced back quickly.Crypto is tougher just because the volatility, you can have 20k in reserves one day, and wake up with 5k in reserves.

Anyhow, I used to wholesale from 2000-2007...I did pretty well for a while.The birth of a daugher, the collapse of the markets, and my stuff getting caught up in it kicked me out of the industry for over a decade. 14 months ago I decided to get back in.

Crazy how a pandemic and market collapse can be a financial wake up call—like getting doused by a bucket of ice cold water.I’ve been swing trading stocks for months now but realized it’s not the best path towards—-wait for it—-financial freedom!!

That was a complete collapse of the system.