I’ve gotten half the usual number of applicants on two of my rentals for 2018 as in the previous 5 years on average.So much for our “emergency housing crisis”

I’ve been a landlord and GC for over 25 years in Cleveland and serviced the lending industry when the foreclosure crisis was in full swing.

That pushed me into my MidLife Crisis, which forced me to think different about my goals and my money.

@Mark S.Something personal could have happened - like a family crisis, a health issue or even death.I like @Michaela G.'

Cue the stereotypical midlife crisis, therapy, and all of that sort of stuff and you'll have a pretty good idea of what life has been like for me since April 21st of 2017. 

Once they get 1% of landlords revenue I could see it going up to 2% ,3% in the next years .On the related note San Francisco is also proposing an additional tax on businesses for the homeless . https://www.cnbc.com/2018/07/17/san-francisco-to-consider-tax-on-companies-to-help-homeless.html——OAKLAND — As the Bay Area struggles with an alarming homelessness crisis, voters may soon decide whether to force Oakland’s biggest landlords to pay up to help house the city’s most vulnerable residents.Oakland Councilwoman Rebecca Kaplan wants to impose an extra 1 percent annual tax on rental revenue that exceeds $200,000, and use that money to fund homeless shelters, help homeless residents secure permanent housing and clean up the sprawling encampments that line many of the city’s sidewalks.The city needs more money to tackle the problem, and collecting it from Oakland’s biggest-earning landlords makes sense, Kaplan said.

Are you aware that the country is living through an important security crisis since about 3 years ago?

Was the S&L Crisis different than the Dot Com Boom, Yes and No.

Early 70s OPEC & poor economic leadership, in the 80s the S&L crisis and 1986 Tax Reform Act and then stupid lending practices and speculative overbuilding leading to fall in 07. 

They still need a place to live, so they will either move back with their parents or will look for a place to rent.If you are looking for a rental in a luxury area, like Las Vegas or some beach vacation destination, then I agree that the rents there should go down if the market goes down, because people won't consider expensive rentals during the crisis times.Those are the things we consider when buying a rental property.