Was under 15% before layoff.  

They start to raise prices belayed their costs are rising and eventually they cut costs to keep profit margins and that means layoffs.

Thanks for sharing.I have seen news of a lot of layoffs in the big companies ..

To get foreclosures you going to need layoffs/unemployment rate going up, which isn't happening right now.

Lay offs also take time to impact the economy.And, on a global scale, we cannot forget that the world economy is intertwined and there are developing countries and fast growing nations whose GDP and whose economies are shrinking for the first time in decades.So for the moment, I think cash is kind, and it is wise to keep money ready for the upcoming opportunities.

We see some layoffs starting - tech companies, netflix, uber, real estate companies - it's harder to grow a company when you're borrowing at higher interest rates. 

Given all the layoffs going on and new construction slowing substantially, it's all but certain we're going into a recession.

Historically, the market bounces back, but clinging to that “trust” is challenging during the downward trend.Multifamily Real Estate InvestmentsRecessions are sometimes good for commercial multifamily real estate investments, especially for workforce housing.In good times, incomes and savings rates are higher, which means more people tend to move up to class A (luxury) apartments.When faced with layoffs or pay cuts, homeowners may sell, and renters of class A apartments may downgrade to more affordable apartments (class B or C).Hence, during a recession, demand for apartments actually tends to go up, thereby decreasing the risk.

@Jameliah CunninghamHere’s my perspective, as a lifetime Hershey resident: Central PA is a great place to invest with stable employment from multiple industries (a 10% lay-off from Hershey foods didn’t even make a dent).

Firms are cutting costs in numerous ways including hiring freezes, "restructuring" aka layoffs, overall work week hour reductions, etc.