I think that in general, bear markets may create unemployment in certain sectors which can lead to foreclosures and people needing subject-to financing if they fall behind and cant sell their property.

Replace the lightbulb yourself at your own leisure. (5 points)3.

Many Airlines are grounded or flying almost empty, Hotels, Gyms,  Manufacturing, Restaurants, Leisures, ... etc.  

Let me qualify this by saying that I do not work in the residential sector.

We all know of the struggle coming that will face the class C sector but honestly, I feel it will case by case situation.

I tell my clients this all the time, even being in the commercial sector I have to set that expectation really firm in the beginning.

I'm enjoying learning all the details of tax law in the real estate sector. 

Instead of letting the market correct itself naturally with loses, the government does the opposite by injecting cash into the sector and removing all the bad debt from the situation. 

I do think the urban vs. leisure STR comparison is totally situational, though.

@Alex Olson Precisely, the first sectors to be impacted are retail and hotel.