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Updated over 6 years ago on . Most recent reply

User Stats

209
Posts
276
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Matt Higgins
  • Property Manager
  • Blaine
276
Votes |
209
Posts

Is this the start of the recession

Matt Higgins
  • Property Manager
  • Blaine
Posted

Dow is down 1000, 10 year is falling off a cliff, but people are still paying rent!

I do worry that this virus is going to bring the global economy to a significant slowdown, but will this hurt real estate?

My thought is inventory is tight and rates are gowing lower. I see US real estate getting a bump as stocks tumble this summer. What say you??

Most Popular Reply

User Stats

433
Posts
249
Votes
John P.
  • Investor
  • Vacaville, CA
249
Votes |
433
Posts
John P.
  • Investor
  • Vacaville, CA
Replied

This is a blip in my opinion. Overreaction due to 24 hour new crisis, fearmongering, etc....  Coronavirus will be a non-issue in 2 months and economy back to humming long.  Check back May 1st. Old news by then... I hope! :) 

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