When there are no jobs the economy will have to change its going to be a dramatic and rather Sudden Change in the next 15 to 20 years.

In fact, I've personally known people who live in a big house and drive a nice car and they wouldn't be able to pay their bills for a single month if their income suddenly stopped.The one thing I would probably disagree with the author on is what seems like his interchangeable use of the questions "How long could you last if you lost your job" and "How long could you last without a source of income". 

Reporters live for this kind of thing: a story where they can shine a light on wrongdoing and, through public pressure, change occurs or an organization that was ignoring the little guy suddenly finds a conscience (albeit for show).

I've met a lot of investors who get in with the idea of wholesaling, then suddenly they're looking at note investing, then rentals, and then maybe lease options, etc. without ever finding their investor identity.

Borrow some money from grandpa, slap it down on a four-plex, and suddenly you're a millionaire.

At that point, the current demand could crash pretty suddenly, resulting in over-supply and falling prices.In addition, while traditional lending appears responsible in who it lends to, there has been a significant new market in alternative lenders that do do not seem to have the same high standards. 

After I did my first deal it was more so "well you should have done this" "I wouldnt have done that" etc etc I guess everyone suddenly became an expert. 

So while you Realtors are motivated by commissions on both sides, with plenty of lenders you can refer your clients to to help them overpay, while you take advantage of their own greed/ignorance/desperation, and a government and central bank facilitating the whole thing for you over the last decade-ya right, Reators had no hand in the surge of home prices vs wages across the country. 

The pandemic is a once in a lifetime event which suddenly reversed real estate fortunes of folks in far reaching sleepy towns.

Then all of a sudden he said he thinks they would accept 10K discount, so let's try that.