Many economists have been calling for the rate increases we are just now seeing since 2013 or so, the mortgage industry of course has been lobbying to stop this just as long.

Economists never give you any conclusions. 

As an economist i have been tracking a number of factors. 

But if you believe most local economists (and I'm not suggesting you should) the downturn we're starting to see is likely to be less severe than 2008-09 and not last as long. 

TOO GOOD TO BE TRUE (efficient market) JOKE:An optometrist and an economist are walking down the street.The optometrist sees a $100 bill on the sidewalk and yells, "My lucky day!

Later on, after you have the basics you can become a world known economist and develop new methods, gain influence and change the way the world communicates in business.

Even the top economist at the University of Colorado Colorado Springs stated numerous times from 2006 to 2008 that the recession would not be significant or even experienced in Colorado.During the up market times, all is perceived as good and the red flags are ignored.

Its really a gamble and without a crystal ball, no one knows for sure when that will come to a halt....or ask two economist for their opinion.At the end of the day, to appreciate is an achievable goal and appreciation is a hope and a gamble.  

That "perhaps take chips off table" teasing reminds me of a saying that you want an economist with one hand, so that after he gives you an opinion he cannot say, "but on the other hand...."  

Protect condominiums, houses and newer buildings from RENT CONTROLProtect your property from expansions in rent control like the notorious LAHD HCIDLA (new LAHD that they changed the name for due to scandals and spending tax dollar money ) REAP Rent Control Housing Authority of the City of Los Angeles HACLA Housing Authority of the City of Los AngelesCASE AGAINST RENT CONTROLhttps://fee.org/articles/the-case-against-rent-control/https://www.economist.com/blogs/economist-explains/2015/08/economist-explains-19