Real estate bubble takes a whacking
I wonder about the implicit bias in articles like CBC’s Canadian real estate markets hit hard by pandemic and Metro’s À Montréal, le marché du logement durement frappé par le coronavirus. CBC subheads “Tough times are forecast” but lower down it’s “Lower prices predicted” – so who’s suffering? Not the modest buyer, I’m guessing. Tough times for real estate agents, but the bubble was bound to burst sometime.
Myles 11:41 on 2020-04-09 Permalink
If we don’t do something fast, the unwealthy might be able to buy houses! The horror!
qatzelok 12:16 on 2020-04-09 Permalink
We don’t live in homes anymore, we live in “real estate markets.”
Also, I am still receiving tons of junk mail that ‘congratulate’ me or promise me free money if I fill in a form. Is there a less essential service than this? Go home and take care of your families, junkmail workers! (real estate trolls too)
GC 20:22 on 2020-04-09 Permalink
I had the same thought when a telemarketer bothered me last week. “Really? You’re still working???” I suppose they have to pay the bills, however, and a lot of them probably already work from home.