You will be even more shocked when they start turning commercial buildings into high end apartments.

They have to try, else they have to write off the entire building. But, they will be trying to rent into a market that is not just falling, but cratering so bad you can't see the bottom.

Corporations are now competing with, doing nothing. Laying flat. Quietly quitting.

If you can live in your mother's basement. By doing some side jobs for a couple hundred bucks spending cash, why would you work for corps? Why would you take on the headache? So that you could waste your life paying shuffling money from job to landlord?

We are REALLY charging to much for a place to sleep.
Men should put in a year of work to build an "apartment", and then be done paying for housing the rest of their lives.