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RE: The Stress of Covid-19 - Living Through a Historical Moment of Time Isn't Easy
This economic chapter is over. Stocks and realestate will never be the same after this. There is no recovery, infact houses will never be this high again adjusted for inflation.
I bet you could write a book on the economic side of this Covid-19 situation. Are they using the pandemic to have a controlled implosion?, if our economy is always boom/bust by intent was this a way to hit reset and take all the blame off the financial institutions and bury it into the global pandemic. There is definitely an economic side to this pandemic that needs more investigating! Housing in the U.S. is far from affordable, they don't build affordable family houses, every new house is built for 500K and up, would there be positive side to this if real estate prices came down?
I guess we'll never know the true origins of the pandemic but yes it is definitely being used as the scapegoat for the economic reset. This bubble couldn't have found a worse pin to pop it. I think the world needed this reset and it will be a very good thing for the younger generation to start a life eventually. It's going to be very painful for a long time as we transition to a new financial system. I just hope we don't lose our freedom along the way.