I am in this for the security of the investment to insure I have a roof over my head during an economic collapse.

That lead to banking collapse, stock market free fall and job loss.

Supply Side FactorsTo drive the point further, housing supply has also collapsed due to several factors.

Supply Side FactorsTo drive the point further, housing supply has also collapsed due to several factors.

If you're worried about paying loans back after an all-out economic collapse, paying that loan will be the least of our worries.Also, unless you use your primary residence as an asset (like I'm sure many of us here on BP do!)

I've been through several collapses in the market, and I'm happy to report that when everything was said and done, time always heals the wounds of your mistakes.

It will need a full REO cleanout of contents, plus the demolition of 2 large detached garages which are collapsing and beyond repair.

When the market collapsed last time my favorite community banks weren't 'lending until the dust settles and there is less regulatory uncertainty.

What we have seen are a combination of “helicopter monies” (stimulus checks, extended unemployment, loan/grant programs) and relief programs (relief for COVID treatment costs, renter relief programs) all of which have helped to keep the economy from collapsing and have prevented many people from suffering.

Mortgage forbearance will likely be extended as long as needed to avoid a collapse of the market.