Covid Could Be a RE Disaster

[Wendy Black]

What do you think?

We're waiting to see how it affects the tenants in our houses and those whose notes we hold.

https://www.ocregister.com/2020/03/24/l-a-billionaire-coronavirus-puts-real-estate-on-brink-of-collapse/

[Noah Brinker]

It's certainly not going to help the real estate market, but that article doesn't provide any facts or statistics, just theories on what might happen to the real estate market. There's obviously going to be direct impact based on people not able to pay rent and mortgages, but this downturn isn't necessarily caused by underlying fundamentals of the economy or real estate. I'm hopeful the economy will turn around quickly once this passes.