I haven't observed the kind of hand-wringing and awkward conversations typically associated with massive layoffs and job scarcity in the O&G sector.

.- Major economic recession, causing massive layoffs like our last recession.So in balance, watch inventory, preforeclosure, and job loss statistics in the metro.  

I've been reading about 10s of thousands of layoffs recently.

Avoiding being highly leveraged has always been our strategy due to living through multiple housing downturns and lots of layoffs (my husband is a builder).

I have seen the stats that in San Diego the new listings are down ~30% for April and where down over 30% for March versus a year ago.That the effect of $0 STR rents have not resulted in many LL already placing the RE on the market.That any result of lost LTR rents (which we have had 0 lost LTR rents so far) or difficulty finding new tenants for LTR units has not yet resulted in units hitting the market.Logic seems to be that if it were not for artificially holding units off the market, that we should see more RE on the market in 2020 that 2019 because of the various lost incomes (not just lost rent, but people making less money due to layoffs, reduced hours, etc.). 

Even though oil has dropped, we aren't experiencing layoffs and O&G insiders aren't worried.

I've heard horror stories about getting cash from apps like Robinhood, trading in crypto for cash and so on.

I don't have to worry about layoffs or attitude or misfortune...

So if you want to keep fighting long term, that's fine, but don't forget I at least tried to lay off because I know we're sick of hearing from each other.

Do not buy right now.If the stock market keeps bleeding, that will eventually translate into layoffs and people abandoning their home.Keep an eye on the Preforeclosure and foreclosure rate.