The SEC investigated and ultimately the courts intervened and turned over all the assets to a receiver (haysconsulting.net) who is trying to (1) figure out who is owed what and (2) liquidate all the assets to maximally and equitably distribute what is left.

.-  Austrian economics (led by a guy named Hayek) is based on the idea that government will mess things up by intervening in economic forces and that they should just stay out of things. 

Why would you think they can do a good job intervening in the housing market but blame them for the banking situation?

I've seen the first mtg start foreclosure, the second mortgage holder intervene, proceed to judgment with the Same case no. and Same case heading (1st mtg.  

Unfortunately Airbnb is likely to intervene in their favor.We tell them that all request for compensation are handled at check out. 

We have to intervene when there are conflicts, which are inevitable.

The government had no business intervening in private business, but they knew that many people were at risk of being evicted because of other legislation that they had no business enacting in the first place. 

Canadians have the advantage of seeing how out of control a real estate market can get when governments intervene too much.Canada comprised 32% of international investment in the U.S. between the first quarters of 2020 and 2021, the largest share of any country, which Marcus & Millichap attributes to proximity and familiarity with the American market.

Some tenants were even prepared to intervene and report unfamiliar individuals.

People who stretched to buy for ridiculously high prices in the 1990's are now overwhelmingly affluent based on the steep rise in home prices as their purchases typically sell today for 3 to 5 times the purchase price (well ahead of the rate of inflation in those intervening years).