Either or -- 1. An eviction tsunami or 2. A foreclosure tsunami as "landlords" renting out their lower unit/extra room cannot make their mortgage. Note that

Either or -- 1. An eviction tsunami or 2. A foreclosure tsunami as "landlords" renting out their lower unit/extra room cannot make their mortgage. Note that just as there is a moratorium (in some cases) for rent, there is also one on mortgages (in some cases). Except the rent will probably never be paid once it is backed up enough, but the mortgage is still going to be due eventually. Secondly, there is also the carry of properties besides mortgages (property taxes, heating, maintenance.)