How long will the lockdown go on?

Just read this

https://www.google.com/amp/s/www.99acres.com/articles/coronavirus-covid-19-global-real-estate-markets-brace-for-impact.html/amp
 
For sure, but it's often not up to the individual. There will be situations, where people no matter what they do, they won't be able to make ends meet, so they need to sell something and that's if they have something to sell at all. Hell, for many people it's hard enough to make ends meet with a stabile income. Or think about the houses with mortgage on them, some people won't be able to pay the mortgage, even if those are paused at the moment, that won't be/can't be the case for long. Those houses will be up for sale.

When big sectors of the economy almost cease to exist like tourism, you can't magically employ all those people in other sectors, all the more so, because many other sectors are having a hard time too.

But i wasn't thinking people sell the house they live in primarily, but some other property, which might already be on sale or was before the virus existed. They will need to sell it at a depressed price.

There will be more houses on the market than before, that's no question. It will be harder to sell, because many buyers are in a waiting position and banks won't give loans as easily as before (less to fewer people). Hence the real estate market is going down the shitter with other sectors.

It will be a complicated situation. The solution need to come from the government level, you as an individual can do your best, if there are no jobs to fill.
So say like that else you quoted their own properties lollllll
 
And where will they bring money from?

It ia not houses but jobs is what they are going to be looking for but we might see a lot of people opting for entrepreneurship

Most people who have a house now have equality with it. If you can sell yours and you have a job you can move. Not everyone will be out of work but I guarantee there are people who are starting to notice how small their home maybe after being stuck inside and will want to move. All sorts of people have money. People move, buy and sell at all kind of different times.

In the UK there are mortgage holidays going on. That money still needs to be paid back at some point, interest is still being added. People will fall behind, a repossession will take place, people who can't buy before will be able to snap up cheap houses. It's just one big circle.

The market won't stop. I think in the UK it will see an increase in sales both new property on the market and property being bought.
 
Whats likely to come out of all these is new controls. This is because it is impractical to keep people home for months. They have to earn a living. So what will likely happen after a few weeks is the lifting of restrictions based on proven immunity. Immunity will be either due to recovery from COVID-19, or a vaccine.So everyone will have to have that or else be denied freedom of movement.
 
"It is actually not that difficult to tell when this will be over."

Shut the fuck up for god's sake, who the fuck are you to make any type of calculation and mislead people like that, pathetic fuck.
Buhu, someone can't do the math. Where do you think official numbers are comming from for predictions? Somebody calculated them somehow by some formula. Some critisism what I might missed or missunderstood would be way better than insulting and crying. People like you make the whole situation more difficult than is actually has to be. If you have time to cry around you should have the time to push your business up for making it trough this whole thing what is a smarter thing to do.
 
I think in June thing will start to go to normal again.
 
Here in Argentina people when greeting, kiss each other on the cheeks. I doubt they will continue doing it for some time...
 
Whats likely to come out of all these is new controls. This is because it is impractical to keep people home for months. They have to earn a living. So what will likely happen after a few weeks is the lifting of restrictions based on proven immunity. Immunity will be either due to recovery from COVID-19, or a vaccine.So everyone will have to have that or else be denied freedom of movement.

Theres no doubt laws being bolted onto bills / legislation that are going to change our lives for the worse with no real say on what goes on..

I've been following it for a while but every so often my tin hat comes out..

UK Gov was estimating that the majority of people where infected or had symptoms so I spoke to everyone in my network and no one knew anyone who had it... So then looking further out.

1. We have a fear of "death" I'M NOT DENYING WHAT IS GOING ON

2. We are all forced into isolation.

3. (don't hate me) but in the UK they do this "Clap for the NHS" so everyone goes out and does a clap for 1-2min at a set specific time.

If the 3rd one isn't a sign of showing who is compliant and who is not I dunno what is is.

Comes over as brain washing to me.. Or at least setting us up for something.. .

Back to drinking enjoy ;)
 
Back
Top