Right now $500k for 20 years for a 20 year old female with the best health class is $16/ month (the commercials always quote for women because they're cheaper).

Our lending criteria during this current economic condition is fluid, so it may be best to discuss. 

MN department of health lists 0.4ug/l as a risk level.

Bureau of Economic AnalysisClimate data for weather risks analysisHope this helps!

<Cost – is the economic impact.

The 1981-82 recession was the worst economic downturn in the United States since the Great Depression.There were 69,000 business bankruptcies in 1982.

My parents are older and I am worried about their health.

Since there's nothing I can do about that type of risk, I'll focus on what I CAN influence.Diversifying geographically and amongst asset classesOffering multiple investment opportunities with differing strategiesEncouraging investors to invest in multiple offerings instead of putting their entire allocation into one (and to invest with other sponsors too)Understanding that risk increases when I stray further from my core competencies, which means I need to bring in expertise or take the risk myself with my own funds before accepting investor fundsRecognize that properties have flaws, and don't ignore them to make the deal work...if the flaws make the deal un-doable, don't do the dealWatch economic indicators to seek clues to future market conditions and react before everyone else figures out what is going onExercise discipline, don't get caught up in bidding wars that put your successful execution at riskDon't accept unsuitable investors--they must be utilizing risk capital.  

In that regard I would assume (yes, that dangerous word), that the hard money lender also has his good name to protect and in that manner would rather that all things went as the agreement was made.Though certainly not the most economical or ideal long term arrangement, if time is money and loans take time this could be the only fast enough money for some urgent deals. 

Yes indeed.Bruce Norris put out an interview with Harry Dent (with controversial history of predictions), but does bring up the point about China's bubble that should be popping anytime soon.http://www.thenorrisgroup.com/blog/news/harry-dent...I don't think the Chinese are generally over leveraging in the States (mainly paying in cash since banks are still pretty stringent on their underwriting standards), so I think the ones left out will be heavily leveraged investors flipping a home that can't maintain cash flow.Maybe not government intervention, but maybe the Chinese mainland will just have a huge economic slowdown resulting in no more cash flowing in from China.