The event will now be hosted at Embargo on Main St.

Mission Viejo, Laguna Niguel, Irvine just to name a few.It was hard not to make money in RE back in those days.But then there was also the Aerospace (Moon Landing) recession in ''69, the Arab Oil Embargo of '73 & '79, the Jimmy Carter days of 18-24% mortgage interest rate driven inflationary spiral that tanked the RE industry and the economy in the late 70's and early 80's until we finally got some solid leadership and literally  rescued by Reaganomics in the best economic cycle we've had since the post WWII days.

We may be headed for a recession, but not a depression like 2008, which was a once in a lifetime event like The Great Depression of 1930’s and Oil embargo crises in the 70’s.

So now let's look at the next law mentioned, 196(a) which is titled "Prohibited acts relating to lead-based paint, glaze or other substance; punishment; embargo of personal property" (sounds exciting, doesn't it?)

Aside from the general enduring explosive situation in the Middle East, Qatar has been the victim of an economic embargo imposed by its own former allies from the Gulf.I'm left wondering whether it's worth investing in a place with all these risks, where I don't get equal legal with the locals under the law and all this to make a return of maximum 8 to 15%.The tax advantages sound great but they are of little benefit to US citizens and residents and to residents of most countries, given that they have to pay taxes on their worldwide income regardless of the tax laws in Qatar.

I don't think they're legal issues with this unless there's a trade embargo on the items or country you're purchasing them from.

@Jay Hinrichs Originally posted by @Rich Senyszyn : I’ve been around long enough to recall the 79 opec embargo, 87 crash, y2k, twin towers going down, the housing crash in 07-8, and other crashes.

Suddenly there was the oil embargo, lines at gas stations, a depressed economy, and no buyers.

You had Paul Volker who was in charge of the embargo back in the 1970s.

With Lightning owner Jeff Vinik remaking Tampa's downtown and the potential lifting of the trade embargo with Cuba now a possibility in my lifetime, I am very bullish on the Tampa market right now.