I have never lowered rents due to the economics of the area.  

I suspect it could be steady, at least national average, but economic conditions are changing all the time and I see headwinds for all RE appreciation.

This past month all three of my local bankers said they've stopped doing them due to Covid concerns (economic, not viral, I assume).Anyone else in the same boat? 

Folks that a) either don't care who their roommates are (I'd guess this is because they are the person nobody wants to live with), or b) people who have no other option (e.g. renting by the room is most economical, they don't make much, and this is what makes sense). 

I like to live in walkable areas, where I can get to a restaurant, take the kids out for a walk, etc. 

The jobs pipeline into Austin continues to create new economic opportunities and a double-digit percentage gain in new listings in July, coupled with buyers continuing to take advantage of historically low interest rates, allows us to be cautiously optimistic about the remainder of 2020.”Here are basic stats on residential sales for July 2020 for the City of Austin and the greater Austin area:I have been tracking the local market on a more fine-grained time scale:As of August 8th, 3.2 million Texans have filed for unemployment relief since mid-March.

Jobs bring people, and companies go where they can find customers and employees.Positive population growth trendsEasy access to major roads, interstates, buses, trains, etc.Socio-economic trends of the neighborhood.

In today’s market with Covid-19 quick service restaurants are actively growing 3.

I'm not that familiar about the situation of the Indian Rupee, since I have no interest in investing in that country for the time being.The euro reached 1,58 vs the USD during the 2008 economic crisis.   

Those areas are closer to the Indiana boarder and they have very little going on economically which is why the population is declining.