@Miriam De HaroThis situation sucks and $1250 is a hard pill to swallow, however I do not see eye to eye with you on how to resolve this.

Because of modern water management and reduction of agricultural use Phoenix uses the same amount of water today as it did in the 1950s when the population was 1/10 of what it is today.I’d be more concerned about the heat.

Borrowers who are furloughed/unemployed/reduced hours due to covid is a challenge to fit into the Fannie Freddie loan product as workers who have a reduction in income or loss of job are seen as higher risk or repaying the loan.

Had two great set of tenants during the 5 years, and they contributed hugely to my mortgage principal reduction.

Then through reduction of interest rates ( refinancing added a lot of money to economy)- this will fade.3) government imposed a measure to avoid foreclosures and evictions.

Our 72 unit OSU building is holding for the moment, but rent reductions are some requests and we are trying to help.  

Bodies pilled up as the massive deaths of the epidemic ensued.

Reduction in savings, profit margins, discretionary spending, or nonessential assets shall not constitute material economic hardship.

My QQQs and SPYs were able to  execute and capitalize with buy limits at a 2% price reduction then MFs. 

So we may be looking at the peak fallout from the current situation in terms of fire sales and price reductions in the commercial sector 1-2 years from now, or possibly never if there are strong enough countermeasures released.