Lots of layoffs are coming which is unfortunate but it might be a good time to buy in the next 6-18 months.

Manager told me they had to lay-off hundreds of employees so I’m sure others are feeling my pain.

That threw a bit of a wrench in our plans so we’re now looking for a short term (likely 6-8 months) rental until we’re ready to make the move on our next property.We’re both in corporate finance, same employers for 5+ years, no layoffs during these times, very well paying jobs, excellent credit scores and the ability to pay rent during these unprecedented times.

Where are you investing during time of uncertainty and massive layoffs around the country? 

Faced with eviction moratoriums and rent strikes, “they’ll lay off workers, miss their own obligations, and possibly wind up forfeiting their properties.”

The recent mass layoffs, oil price decline and slump in commodity prices will put downward pressure on the housing markets, especially in Alberta & SK.

With many of the laid off workers coming from shuttered businesses, such as hospitality, tourism, and restaurants, these layoffs may begin to impact renters’ ability to pay rent, particularly in Class C apartments, often termed as workforce housing, and in areas of the country where the employment base is more heavily skewed toward hospitality and tourism.

I have 15 tenants that have paid 0 - 75% of their rent due to layoffs.

This means that coronavirus-related layoffs have effectively erased the 22 million jobs that the US economy added since the post-Great Recession recovery starting in mid-2009.Yes, the market is still moving in Austin, albeit at a slower rate.

If the stimulus money is mostly successful at staving off massive layoffs, then we'll likely see just a slight market correction.