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re: How long of a quarantine required for the housing market to crash?

Posted on 3/17/20 at 4:06 pm to
Posted by MojoGuyPan
Intercession City, Florida
Member since Jun 2018
2797 posts
Posted on 3/17/20 at 4:06 pm to
quote:

I think the housing market can handle bartenders and servers not getting paid for a month.


Hey idiot, Trump says to expect the restrictions through August. That is six months of no work for the service industry. Shopping centers closed, retail employment will tank.

This is a major economic catastrophe. Just look at how much the NCAA and NBA have lost by cancelling. Now look at airline industry, hospitality, service.

Not everyone is white collar and can work from home. The majority can't.
This post was edited on 3/17/20 at 4:06 pm
Posted by kciDAtaE
Member since Apr 2017
15981 posts
Posted on 3/17/20 at 4:09 pm to
quote:

Hey idiot,


Hey!

replying to OP saying the housing market would collapse in 4 weeks due to layoffs. Someone pointed out the layoffs bc of the service industry. I don’t think that will happen
Posted by Tygra
Bee Are
Member since Jan 2008
418 posts
Posted on 3/17/20 at 5:18 pm to
quote:

Hey idiot, Trump says to expect the restrictions through August.


They clarified this yesterday and that is not what he meant.
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