Did that happen during the last crisis?

Was going through a personal crisis and was up a lot at night myself.  

Ten years later, I crossed the threshold for being able to retire early.I still kept working, luckily, because the Financial Crisis of 2008 taught me to be prepared for the unexpected.

In the 5 years I've had rentals in Asheville, supply has gotten lower and lower and we are apparently in a housing 'crisis'. 

Also to see crypto come through during the next crisis & see biblical Austrian Economics play out & end the federal reserve & majorly failed Keynesian experiment the last many decades!

& then you have these idiots....Los Angeles should penalize landlords who keep homes vacant as the city suffers a housing and homelessness crisis, several members of the Los Angeles City Council declared in a proposal unveiled Tuesday.City Councilmen Mike Bonin, Marqueece Harris-Dawson, Paul Koretz and David Ryuare asking city staffers to come back with options for an “empty homes penalty” or vacancy tax, which would likely have to go before voters for approval.

I have many friends who pay much more to rent crappy places (and help to make their landlords rich) than I pay to own in a very nice place, because my mortgage remains steady while their rents have continued to climb year in and year out. and in lower value areas which I would deem as 250k and under you can get those houses paid off in 10 to 15 years no SWEAT.. and now never have to pay mortgage or rent.I remember in 09 in the middle of the crisis.. some areas of the US was probably everything considered the cheapest safest place in the world to live.I was buying new or near new homes at courthouse steps in Fort Myers for 25 to 35k EACH... it was tempting to buy one of those and call it a day  LOL..

More than likely I would have to purchase out of state, quickly and probably find multiple properties which makes it that much more difficult. 5 years ago or even before the crisis, it was totally possible but now it is more like finding the needle in the haystack and all the extra work limits how many you can accumulate quickly at those return levels.We actually flipped our entire portfolio recently just because the value no longer made the returns good.

The obvious being the great recession and the S and L crisis before that.  

There is an affordable housing crisis in Southern California now.