This story partially mirrors the collapse of the British where enemies didn't need to take out their navy, they just needed to take out the ships carrying grain to the British Isles. 

They are narcissists, they are engaging, they say they want to help people, they offer "free" advice, but it is extreme self-involvement to the point where the person (popular guru) ignores the needs (and laws) of those around them.I have looked at their "properties" and how they claim they bought them and they are loser acquisitions from the MLS and elsewhere that are going to be collapsing soon.

The market is cooling—but not collapsing.

With 100% confidence I can tell you that we will have a recession/economic collapse bigger than 2008 in the next 1,000 years.

The first effects on the US economy may be economic, as some countries around the world begin collapsing.

.🚫 Piercing the veil risk – If formalities aren’t followed precisely, a court could collapse the series into one entity.🚫 “Common enterprise” concerns – If a single management LLC collects rent, signs leases, and maintains properties for all series, a court could argue there’s a shared enterprise, which might allow a plaintiff to target all series under one lawsuit.Better Alternative for Asset ProtectionA stronger structure that provides better legal separation and lawsuit protection is:1️⃣ Each property in a separate traditional LLC – This ensures clear separation and prevents legal issues with the Series LLC’s untested structure.2️⃣ Asset Management Limited Partnership (AMLP) – The LLCs should be owned by an AMLP, which acts as a liability firewall against creditors and judgments.3️⃣ A Bridge Trust® for maximum protection – If a major lawsuit occurs, the AMLP can be held by a Bridge Trust®, allowing assets to move offshore if needed.4️⃣ An operating LLC to handle management – Keeping rent collection and property management separate from ownership limits liability exposure.Why This Works Better:✔ Legally tested – Traditional LLCs have clear case law backing their liability protections.✔ No “common enterprise” risk – Since the AMLP, LLCs, and operating entity are legally distinct, it’s harder for a court to collapse them into one entity.✔ Protection beyond LLCs – If a major lawsuit occurs, the Bridge Trust® moves ownership offshore, making it extremely difficult for creditors to seize assets.Final Takeaway:A Series LLC has too many uncertainties for serious asset protection.

The condo market in florida eventually imploding after that collapse and the law regarding inspections of buildings over a certain age was obvious for those looking from the outside.

I just don’t see a housing and major economy collapse like a few people here claim.

Personally, I think that we are being grossly unfair to younger people, and we should immediately get rid of the $500k exclusion and not allow interest deductions on the portions of mortgages over $500k.Let the prices collapse to affordable levels, the government will eventually pay for your nursing home when you’ve spent down anyway.

Eventually if everyone stops paying, the system collapses.