Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Coronavirus Government Assistance Programs
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

578
Posts
268
Votes
William Coet
  • Lititz, PA
268
Votes |
578
Posts

What jobs/sectors will fall through the cracks despite stimulus?

William Coet
  • Lititz, PA
Posted

This post relates to the ongoing discussion about a recession vs. a temporary pause and strong rebound.  Please post your comments on my theory, especially if you disagree!

My thought is that the government is pouring money into peoples pockets and this will prevent a recession (additional $600/week in unemployment payments for 39 weeks, stimulus checks, forgivable loans to small businesses who keep people on payroll, pay mortgages, and utilities).  It seems to be an all hands on deck to pause by deferring payments until stimulus money comes in.  There has never been a similar situation in any prior crisis.  There was no collective effort during the dot.com crash of 2001, or the mortgage crisis of 2008, or even 9/11.

If you disagree and see a recession coming, please share why!  Even if you see certain sectors that will suffer it will help to begin to develop an understanding of what is to come!