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Old 03-02-2020, 04:34 AM   #4
RT Firefly
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City: Slicker?
Join Date: Oct 2007
Posts: 16,566
Greetings,
Mr. R. I see what you're saying but I have no definitive response. Hope for the best and plan for the worst, I suppose. Any suggestions you may receive, pretty much, will be speculation IMO.
Will CORVID-19 be an apocalyptic event? I hope not although I also feel thing are going to get worse rather than better, in the short term but that's not going to prevent me from getting on with my life.
Years ago, two of my in laws, bought an income property near the peak of a housing boom. Within a year the market had collapsed and the rent they were getting didn't even pay for the mortgage on the property. Long story short, they had to keep the place for 15 years before they could sell it and break even on the losses they suffered during that time.
Bottom line is IF the world DOES collapse, money may be the least of your worries.

My $.02....
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