Failure to understand the finances results in, at best, "unforeseen" Special Assessments, and, at worst, well, you know...the building collapses, killing many, creating increased costs for ALL of the other condo owners across the country!

I had an offer in for an investor on a home where part of the cinder block foundation had collapsed into the seller. 

Sewer lines collapsing  .

If the deal collapses and I would lose everything, I'm out.

This is a space full of failures over the past few years with the collapse or Realty Shares, Patch of Land, Rich Uncles, Landa, and now PeerStreet appears to be the next to fall.

She worries about a sinkhole collapsing the house. 

:giggle: They were saying the same things about Silicon Valley in the '70s - - and while there were some MINOR fluctuation, the Sky Never Fell In - - and if you look currently and read how difficult members are finding the Bay Area today, it's still has not.To see RE markets 'collapse', we would need 10x 2008 problems, major foreclosures(HUGE RE inventroies), major job losses in multiple industries, and basically, a second incarnation of the  Great Depression.

When we had a sewer line collapse at our duplex, the repair couldn't be scheduled for 5 days!

We have been on a 7+ year run and to think there is a 3-6 month blip I would have to disagreeI am not saying the world is going g to end and real estate it going to collapse but inflation is still 3x what they want it to be, the fed will continue to increase rates next year and we will see an uptick in defaults with larger supplies coming on the market with fiscal tightening from banks which will put additional downward pressure Just my 2 cents

Those who criticize it and want to change or modify it, believe that the system is by no means perfect and maybe if we learn from history, we'll be able to modify it so we will not loose it to a detrimental collapse as other economic systems experienced.