I have an interesting perspective on this because I have a dear friend who is a landlord, and another that is enforcing the State's non-eviction policy in court. My son works for a mom-and-pop shop that is recovering. So, I see this from a variety of perspectives: My landlord friend has delayed 3 months rent for a tap room owner that operates in one of his properties, and has similarly given forbearance to other renters, but this is his retirement income, so he's hurting. The owner and lessor of my neighbor has 10 houses that they rent, but all of their renters are making rent. My friend who is enforcing the non-eviction law has seen both sides of the situation, with renters who are using it as an opportunity to pay other expenses, owners who can't make mortgage payments on houses they are renting, and people who are trying to evict tenants for non-payment, but are really just looking for any opportunity to jack up rents by terminating leases. It's a very mixed bag. My son's employer has weathered the downturn and reopened because most of their business is military in nature, and that has not stopped. They own the building, but have to service the mortgage - but the renter of the other half of the building closed up shop, so they are having cash flow issues.
All of that is to say that the reverberations of the downturn are felt widely. In my view, we should have had a short shutdown and reset, but this half-assed response by the President has screwed everyone. Businesses can't reopen because the disease is still spreading. If we had ALL taken it seriously, and COLLECTIVELY been responsible, this could have been contained. There are still too many deniers out there to make that happen.