You never know when and how much, but it is good to be flexible and resilient and keep it all in perspective. 100% Last week I got a call that the drywall ceiling started to collapse :)

On one hand I feel like real estate is the only way to truly build wealth for the normal guy, but on the other hand I’m paranoid about a market collapse and timing when to buy…  

And the vacations that were put on hold will finally happen, boosting hotels and theme parks.Despite the fact that the coronavirus has had an economic impact on the homes of millions of United States citizens, there are actually many reasons why we will not see an increase in the number of foreclosures as we did during the collapse of the home more than ten years ago.

I'd be much more concerned about things like crumbling foundations, buried underground oil tanks, weird/illegal/collapsing extensions, etc.

I also spent three years as as a loan officer until the mortgage industry collapsed in 2007.I recent years I have been in the residential and commercial remodeling business. 

Granted, built in 1875 is older than most but if it has stood this long I doubt it will collapse in the next ten years.I'd buy it if the numbers were right. 

Nice try though.... :-) Nope, the roots of the 2008 housing collapse are widely blamed on the loosening of collateral requirements for the Big 5. 

Maybe that's the reason why there are no aliens: technology-bound societies collapse sooner or later on a system failure?

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

That's probably true, but most of the area has still not entirely recovered from the Great Recession--only recently have home prices in most begun to approach 2005 levels, and those prices are still way off from 2007/right before the collapse.