Even through this crisis Atlanta has been hot.

Prime example is 2008 housing crisis, home values dropped.

The 2008 financial crisis dropped the value big time. 

Having some powder in your back pocket when the next crisis comes is not a bad idea.That does not mean to stop investing.

With the House approving a bill, dubbed the Financial Choice Act, which scales back or eliminates many of the post-crisis banking rules under Dodd Frank, things are about to get "stupid" again and many feel  the Choice Act would leave the U.S. economy vulnerable to another financial crisis.

Now it's mom and pop LL's when they are in crisis mode due to Tenants, leaks, equipment failures, etc.; and the costs of those lessons are far greater.To be clear, no PM is "on standby" 95% of the time for your unit(s).

In terms of solving the housing crisis - with NACA requirements and process, adding this program has even MORE requirements.

Hey Bryan, The last recession was a housing crisis, what we're going through right now isn't that (not yet at least) Speaking from a multi family perspective, rent collection hasn't been as bad as most people projected and although many transactions have paused, big discounts haven't begun on any national scale. 

The housing crash, the bank melt-down and the financial crisis of '08.

The ones that don't sell are either way to big, overpriced, or dumps.This small housing crisis is about to get worse as there are plans to open up an new mine close to town that will employ 400 more people, there are also talks about a new wood pellet factory that may be opening up as well ( however this is less concrete).There is only one lot in town that is zoned for low rise apartments/ townhouses for 190k it is 1.3 ac (470x120ft).