A portion of students rely on financial aid to pay the rent, and if they're not in school they may not be receiving those funds.Yes, Colleges are closing now but the question was about 2008.We'll see how it plays out with student aid. 

In general I agree with the consensus that it's still too early to definitively understand or predict what the buying opportunities will be as these events play out. 

Get it while rates are low, hold onto it and see how things play out.

I am thinking this will be a fair way to give more relief to the better longer term tenants, and does not require me to have one to one conversations, reviewing evident of hardship, and making case by case decisions that may come back to me as being unfair treatments and playing favorites. 

This also comes into play during law suites for injuries as well as failed work. 

Your local market still plays a role in the price for the house as well as the rental market.

People are taking their money and putting it in equity for short-term plays that will allow them to capture appreciation and return those profits back into the market.

Refinancing is a good play to lower payments And increase cash flow or payoff earlier by reducing years- move from 25 year term to 15 year as an example. 

But we may not dip squarely into the 2s until capacity and other payoff dynamics play out.

But we may not dip squarely into the 2s until capacity and other payoff dynamics play out.