5 reasons the housing market has not crashed

[Danny Webber]

Worth the read. 

In a nutshell

1. firm underlying demand

2. limited supply

3. uneven impact of the virus on wage earners- lower wage earners were hit the hardest

4. the Cares Act- forbearance option

5. the $600 unemployment benefit

https://www.marketwatch.com/amp/story/here-are-5-reasons-why-the-pandemic-hasnt-crashed-the-us-housing-market-2020-07-22