This causes the bank to have unrealized losses on all the treasury bonds they purchased at a lower rate, causing liquidity issues, a run on the banks and the next banking crisis

Instead, we are in a state of crisis.

Hey there @Joesph McGillis Hope you're staying safe and sane throughout this lockdown/crisis.

I have had conversations with other who have sucsefully done them many times, mostly prior to the 07-09 debacle, and I was prepping to execute one in the market I was in, then the Financial crisis blew up everything and the idea got shelved.

The most recent national data by Black Knight:http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20150223.aspx- New York and Colorado see increases despite winter's seasonal effects - New York ends 2014 just 0.6 percent off its pre-crisis peak - Top-performing metros again dominated by Florida - While recovery continues, Arizona and Florida still remain about 30 percent off their pre-crisis peaks

When costs are correctly computed- which they never are, and can't be- they may at best break even.Governments are going to seriously have to look at zoning laws if they want to address "the housing crisis."

Most police departments have a Crisis Intervention Officer who works with de-escalating volatile situations/people. 

I pulled a second 40% LTV mortgage – interest only (they used to lend at 120 LTV – it was FANTASTIC (not)).2008 crisis hits…that didn’t affect me much (aside from being upside down on my house).

Given everything that is happening in the state of Illinois; taxes, the pension crisis, and all the liabilities the state currently has, I find myself reluctant to invest on property in Illinois. 

This my friends was called the S+L crisis.