Is the area isolated or widespread?  

Or is that more widespread?

I usually see them stay flat for awhile and sure the last landlord to extract the max from some poor tenant will see that tenant leave and a not quite as desperate tenant replace them at a little lower rate.I'll admit the lack of "widespread" inflation for so long is killing some of the anticipated appreciation. 

But I've never done anything this widespread.

Is that a standard widespread policy?

The college kids who thought they'd get an easy entry-level job at an energy company are recalibrating, but you're not going to see widespread foreclosures or drops in purchase price.

Widespread 3/8 in. drywall put in over stripped lath...not my favorite thing.

I think a lot will depend on how widespread working from home becomes and what effect on the surrounding areas it will have if the commercial district of the city doesn’t bounce back.  

We see on bigger pockets daily many people talking about how they're sitting on the sidelines with a pile of cash waiting for a crash so they can get a great deal, seller agents know this so they will be trying to get their clients as much as possible to get a bigger commission. then there's the fact that there will be competing buyers unlike the last crash when we had many options for properties, and the sellers were begging for buyers to show-up.From what I've seen is most major metropolitan areas, Los Angeles, New York, Seattle, Miami, Washington, DC. etc. all have implemented policies to prevent widespread evictions of tenants far beyond what the banks are noting as the deadline for no foreclosures, to make sure they don't get devastated like last time, so it's back on the small to mid-level operators as to how much damage will be done.I'm not an Economist so this is just my own opinion, and expectations.      

And if that is true, there will be widespread deleveraging just like in 2008-2010.