It might be a crisis in Europe that exposes the vulnerability of the over-leveraged economies and drag the world economy down with it just like the housing market did in 06.

When I discovered an error in their written comp plan, I constructed a diplomatic letter suggesting a possible edit to correct the error and sent it directly to Scott Rowe.  

The 1986 Tax act had a big affect on investment real estate values (negative) and it led to the Savings and Loan Crisis.

He didn't realize that the zoning code was 50+ years out of date and the US was on the way to another real estate crisis.

This just happened and they are in crisis mode. 

If you read through carefully, you'll notice that the intermediary (Lehman) DID default on the loan after the 2007 economic crisis.

Please give me real facts you have experienced with any lenders calling in your loan as you have suggested and after the last housing crisis where risky loans were the commonplace.Thank you,Swanny

But unless we have another mortgage crisis with millions of vacant foreclosed homes your not going to see a repeat of those buying opportunities 7 to 10 years ago. 

Are you referring to the tone of my reply, which mightn't have been diplomatic enough?

If Haddad wins expect a currency crisis and the dollar heading to 5 to 1 the day after the election.I'm nearly sure Haddad won't win meaning expect a Bolsonaro mandate and a USD that starts at 3.5 to 1 and moves upwards to 3.7-3.8 or higher based on developments.