I cant see how this helps real estate unless the folks coming in are educated and capable of high wages..Well the US is actively pushing out highly educated H1B holders by non renewing visas and making the process for a green card impossible.

I had my first call yesterday from my property manager for a family that both income earners were laid off.

With small businesses having 12-24 months of recovery ahead, that could cause them to be in the red each month...not raise wages...i.e. people have even less money than before. "1. what do you mean by "the economy"?

Lots of earners over 150 k would do well to learn from it

Our plan included requiring proof of lost wages, suggestions for gov't assistance, and possibly a payment plan over the life of the lease to catch up on rent.

Example: 3 weeks of painting and landscaping for $20k (that you will be paying taxes on) is okay. 12 weeks for the same is close to minimum wage depending on where you’re at.

I have great respect for those who bust their butts every day to do thankless jobs at minimal wages.

However, you now have wages to report as income.If there is no wages and the PM company is set up as a C-corp, you now have corporate income tax responsibilities.

Gdp rising -> lots of jobs -> rising wages -> in migration -> rising rents -> rising sales -> rising sale prices ....In this case, we’re missing the ENTIRE foundation that leads to rising prices.

Someone working minimum wage will have more problems saving a high percentage than someone making 6 figures (in theory).