Comment by bsurmanski

my guess is that people that are well off (rich) still have their income stream. A lot of tech workers, CEOs, etc are working from home. It's poor (or middle class) people (working in retail, tourism, food) that are disproportionately affected by this. In 2008, it hit rich people first, then "trickled down". So, the rich are seeing this as an opportunity to offload some extra cash onto the discounted markets.