Late fees added on top of past due rents whether commercial or residential?

FYI for those thinking about taking advantage of this: this is probably unconstitutional, and it’s probably going to be nullified.

Thank god, too. I have all the sympathy in the world for those who’ve lost their jobs due to the lockdown and are struggling to pay rent, but forcing landlords should somehow pick up the slack and pay your rent for you is absurdly wrong. The government can’t make rent “free.” Building and maintaining houses and running a property business takes money, time, and effort from other people—and you aren’t entitled to any of that.

There will be bankruptcies, evictions, and all kinds of bad things for both tenants and landlords. It's possible that rents will go lower and landlords will be glad to have a reliable tenant who can pay. Anything that buys time, so people can keep going until we know how bad it's going to be is worth a try.

Sfgate is already reporting that rents are declining, something like 9% vs. last year for 1 bedrooms, and 6-7% decline for 2 bedrooms in SF. Web Link

I would expect rent declines in the peninsula as well.

Why pay astronomical rents when you can WFH anywhere? And sadly, those with major income loss will likely be moving at some point.

See rent declines in peninsula cities here: 15% drop year over year.

Web Link

The housing market might be next.