The economic damage caused by the first one is incalculable and will take years for businesses and governments to dig out of. 

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Even if you could buy a home at a steal right now, most buyers would need to physically go and see the property, bring a home inspector to assess the property, and—assuming you get an accepted offer and arrive at the virtual closing table—you will need to hire contractors to work on the property, or find a tenant willing to move in this crisis.

This area is HIGHLY seasonal and is by no means resistant to economic pressures. 

That’s the start of the journey towards economic independence and the escape from exchanging time for money.

Henry county does provide a better quality of life, more economic development and less crime.

I have been selling real estate for over 25+ years, so I sold in the housing crisis.

I've had several sales in CA so far during the "crisis".

I have 2 condos with permits and comparing long term with short term economics between them.

And now Covid.. no way to tie that to normal economic cycles..