He called the crash awhile ago, but didn't foresee the Fed intervention.

She indicated the Toledo Blade article below as a good summary of why but it sounds like her office served the public in adjusting property values which resulted in aggressive reductions as a result of the crash in real estate values. https://www.toledoblade.com/opinion/columnists/2019/06/07/intervention-might-clarify-lucas-county-property-tax-valuation/stories/20190606104It is only logical that requests to reduce property values will be declining in number and percentage of value, Toledo's values have done exceedingly well over the past few years. 

I tuned out once Hasan started a sentence with - "Without massive federal intervention..."

@Andrew Fidler I personally never thought the intervention by ABLE on the behalf of a tenant is vital. 

Where we are likely going to have disagreements is on how much the government should intervene, I think most people (and certainly most economists) will tell you that there has to be at least SOME government intervention. 

Now here's where another greater risk comes in: The city often will not appreciate the tenants of the park: As in constant police intervention called among tenants they learn to know by name, etc.

It's not going to do much to spur demand for the next few weeks at least.I expect there will be more direct intervention from the US government -- delay in filing taxes, bank holidays, perhaps a suspension of mortgage payments, anything to keep cash in people's pockets so they can afford necessities.

The government intervention, subsidizing the economy with bailout and programs happened before, Too Big To Fail 2.0 if you read the book. 

If not for those two government interventions, we'd have more inventory in the market and lower prices.

Capitalism allows people to achieve wealth on the merits of their own efforts free of undue government intervention.