Never forget that one of the more famous implosions on BP only occurred after the person was featured on the BP podcast.

Their economy has been getting hammered the last 2 years due to their Real estate market implosion, Manufacturing wages have gotten too high, so they are not the low-cost producer anymore, whether the Tariffs or Manufacturers moving operations- their export market is declining. 

Look, when the tariff implosion hit yeah I took a rather nasty hit in 2 portfolios.

I don't think the fundamentals are there for an implosion like 2007, but I think we could see demand lower as interest rates rise.  

Also you can say the same thing about BP and everyone is talking about buying rentals.. its the herd mentality and when all these folks started buying in the deep trench after the GFC they expected the 2% rule or more that's where it was spawned.. now its 1% is acceptable and next thing you will know its .05%  etc etc.. the herd is alive and well in buying rental real estate in the US>. and I for one am happy to see it.. if the herd was not buying in many markets those markets would be flatt on their  @$$  and devolving but with all this out of state and out of country investment it saved many many cash flow markets from implosions.. since the organic market in the actual area IE local investors is not sufficient to buy all the homes that are there.. think about that one.. !!! 

This weekend it'll only get worse before it gets better.It's kind of odd how we could have our biggest stock market implosion, yes bigger then this past Monday, in October.

The sub prime implosion has closed a lot of doors.

Ha, I took my kids to watch that building implosion near the end of the video (1:43) a couple of years ago!

Unfortunately the few bad tenants are the ones we generally hear about, not the multitude of good ones...like I myself was for my LL.So I'm sure there will be impacts, and I'm sure there will be bad actors, but legislation like this doesn't suddenly overnight create an implosion in an entire industry.

So they go into foreclosure, causing a rise in inventory/further price implosion.