Honest people don't suddenly become dishonest because they experience some misfortune.

Prospects stay away due to virus impact and many cannot buy anyway due to unemployment, loss of savings.Increases in properties for sale further drives down prices due to competitive pressure....some good news for a change...The surge in mortgage applications recently driving up rates should abate in the next few months allowing rates to drop significantly. 

Comically bad amateur investors will always look at this behemoth loss and brush it off as "a silly investment mistake", when in reality, they just cost themselves their chance at becoming wealthy for the REST of their life.Keep in mind that this recession was spawned in one of the most dangerous ways: lots of industries that employed tens of millions suddenly stopped in a matter of 2 weeks.

I continue to keep working on my properties to make sure I'll be somewhere else for the next pandemic, preferably far, far, far the f**k away from wild-eyed crazies with no medical backgrounds who are suddenly virologists because they've watched an episode of House and know in their hearts they deserved better than the straight C's they got through high school.

Things are happening unprecidently fast.Source: https://www.usatoday.com/story/money/2020/05/21/coronavirus-mortgage-delinquencies-surge-1-6-m-april/5231835002/

And from the tone, it sounds like, if you found that out, even if he was a model land lord, you'd suddenly feel slighted and instantly become a tenant where one wonders what you were taught about operating in a "man's world"  My point, don't assume.  

@Pope Lake Lending constricts during downturns so why would you think that you will be able to get a loan if properties were to all of a sudden drop in value? 

All of a sudden that $751 SSI check that used to go to his mom, now comes to him.

The South Bay isn’t going to suddenly become in less demand in the near or long term.

So while you Realtors are motivated by commissions on both sides, with plenty of lenders you can refer your clients to to help them overpay, while you take advantage of their own greed/ignorance/desperation, and a government and central bank facilitating the whole thing for you over the last decade-ya right, Reators had no hand in the surge of home prices vs wages across the country.