Are their businesses likely to survive the current economic crisis?

As a small local bank, I don't believe they are under a lot of pressure with the current foreclosure crisis, the housing market here is still pretty strong, and there is not a lot of foreclosures.I would like to here some input on that, if anyone has experience/opinion.

US City-By-City Home Price Levels — Gains from Crisis Lows, Distance from Bubble Highshttps://www.bespokepremium.com/think-big-blog/us-c...

If you follow that rule, you have hope of NOT getting into a mess.Also, because I follow these extreme rules, I have not had any issues with Partners for the last 2 Decades.However, there's be plenty of times I have been contacted by Class Action Lawsuits that had litigation against Public Corps and even Banks, especially for mortgage fraud like what happened in the Crisis.

Thinking about the pending retirement crisis is a deep enough rabbit hole.I agree, never predict the timing of the economy... but It think it doesn't hurt to anticipate the cyclical nature of the economy staying, cyclical.

For example, home prices in Jacksonville, FL dipped about 55% during the Great Financial Crisis.

The rest of the country is just recovering from the last crisis still!

With mortgage crisis behind us, isn't it more safer bet that the requirements for big firms to invest much more stricter hence a safer investment than before?

Maybe you would like to offer some thoughts on the matter.As to the MLS or agents giving up their data it is already done albeit not openly or willingly, and I am involved in a web project to make it available first to members and then when it comes out of beta it will go to the public.Information should be free and flow like water.This attempt to hold back information is short sighted on the part of NAR, CAR and the rest and is completely unsustainable as we will all see shortly.The advent of the broker/agent owned MLS's was the death knell for this concept but the body doesn't stink enough yet so many doubt that it is dead.Because of this current ..whatever we are calling it.. crisis I am finding more and more people ready to talk about alternatives to the current status quo.And just so you will know I don't feel bum kicked at all.

I like the idea of commission notes, especially in the upcoming commercial crisis.