Unusual Impact of Corona on Real Estate and Economy

Many are surprized how the real estate market is holding steady. But it is a precarious balance, like the last thread of a rope torn in the middle, in a game of tug-of-war! The real impact will be felt once the impediments imposed by the lockdown are removed.

Photo by Cindy Tang on Unsplash

I am not an alarmist. Not even a true bear. Not one of those who believe in market ‘doom’. I try being a realist.

I believe in times of uncertainty, more than at any other time, it is facts that should guide us.

Yes facts. Absence of facts causes fear. Like now. Wherever we have facts, they tell the story but often not the entire story. Sometimes facts hide more than they reveal. Like cough and body temperature that may indicate a simple flu but hide the dreaded corona virus.

Before saying anything further, let me wish all of you safe and anxiety free life during these tough times. I know all of us can make this time productive and meaningful. I try doing that by reading and writing. Hope you also find your own ways of making this time count.

Steady prices for a reason