Thanks again PS.
The rental market has plateaued. Average rent for 2bed apartments is 2.2K, where it was 18 months ago (but still way too high relative to disposable income).
The Daft rental index will be a bellwether for the longer term economic impact of COVID-19. So many staff are being asked to work from home, so many are being suspended with/without pay. Students are all going home.
My guess is that landlords (including institutions) will take the hit for a couple of months but not longer. There will be a glut on the market in May. Just in time for a SF inspired rent freeze.