Hi BP, my wife and I own multiple rental properties (all SFH) here in San Antonio that we mostly picked up in the depths of the foreclosure crisis.

Things were different.In the more recent real-estate boom (which lead to the housing collapse and subsequently the global financial crisis of the late 2000s), it didn’t matter that homes were overvalued: We were protected by those complicated derivatives that nobody really understood.

I just listened to some FACTS that would indicate to me that the crisis is nowhere near over, and in fact is just beginning.

There's a supply crisis.

A student loan crisis/recession/bubble is the biggest long term threat to my student rental business.

What you have is a reserve fund with a destination , BUT if you have a small ( or Large ) crisis .

Remember, the last real estate 'bust' 2007 on, was in fact, not a real estate bust, it was a financing crisis. 

I had buddies that lost hundreds of properties and land in the crisis.

@Casey Maeda It's important to differentiate the current magnitude unemployment due to the Covid-19 crisis and shelter in place order from the unemployment rates that will be experienced as a result of the financial aftermath of the Covid-19 crisis.

High interest rates are even less likely following this crisis in my opinion as all 3 levels of government in many areas would be squeezed into failure if rates even go back to a historical “normal”.