Also teach them money is just another tool, but devalue its importance.

At least you have to produce a W2 with 80% LTV.I think the next collapse will be due to the Fiat currency devaluation.

:Reward points are consistently being devalued.

The Fed and all major central banks will do whatever they have to do to slowly (hopefully not quickly) devalue your mattress money because if they don't; welcome to a new dark age.Lesson: don't bet against central banks. :)Originally posted by @Jonathan Twombly:Originally posted by @Ivan Barratt:@Jonathan Twomblycc @Ben LeybovichQuestion: what happens to cap rates in multifamily that's performing well (occupancy, collections, rent growth) through the pandemic AND interest rates are ~150bps lower AND there's 6 trillion more in currency floating around??

Devaluation of paper currency.

So if you have values go low because of this upset in the world their assets have just devalued along with everyone else's ..

However in my personal experience in 08 to 2011 we did have massive asset price devaluation. 

However, I don't see a problem with continuing to average in, even during a downturn.More importantly, I think real estate is the best hedge against the markets ;)And I think the next best hedges are precious metals and bitcoin.I think the dollar is going to see a real devaluation, and lose its standing as the world reserve currency, bitcoin as sovereign and decentralised money will take its place.

My predictions for a couple of scenarios:Corona increases > second shut down > More unemployment > more loan forbearances > flood of business bankruptcy's and loan defaults > banks have big problem > fed bails out banks > some banks fail > real estate prices stay the same or go up until early 2021 > Fed will probably do another cares act and extent forbearance period > then it is possible the dollar will continue to devalue > then inflation will occur > real estate prices will go way up as dollar becomes worthless and banks fail > central banks switch from us dollar to Crypto > politically, either way the election goes we will have instability and unrest.

Depending on how hot the market is you're in, you'd also be essentially devaluing your property in comparison to market comps.I'm curious to hear your thoughts!