Covid has resulted in a lot of negative buyer perspective towards condos, but I expect that this will be a shorter term impact and we will see a little bit of a rebound in the condo market next year as folks warm back up to living in smaller spaces.

We built the house in 2016, which is well before the market rebounded and lending loosened up.

If the economy rebounds by the end of the year (it won't), how will certain sectors of the economy that have been most affected by COVID be able to recover? 

My net worth may go down temporarily, but the cash flow would sustain me until the market rebounded.

By being more old school I think there will be a rebound once the next cycle goes through.

Not that you must fail, but you must prepare for failure, if you want to rebound quickly.Most importantly, read, watch, ask questions, and investigate all you are to about what is going on.Its not done yet!

We knew that southern California is always the first place to rebound and would be on the front end of the recovery. 

@Russell Brazil  Russell I also feel that you cant start this run in 08... to me 08 to 2012 was its own separate cycle and that we did not really start to rebound until 2012 to 2103.. so in my mind and it could be very diluted thinking as I am no economist or expert in high finance .. but it seems to me we are 5 or 6 years into a 10 year cycle.. it took in my mind from starting in FLA in 07 ish to 2012 to 2013 just to flush through the hangover inventory reset capital markets un thaw credit and get back into business..