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April 24, 2020 at 2:23 pm #24948

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I believe it will have a bigger impact this time on property because of the heavy reliance of the economy on construction in general. Although restricted supply might have a positive impact on prices, it seems people are reacting a little different this time and are cautious due to the overextended nature of many households. I guess the only thing we can do is rely on data—hunches loose appeal at times when fear pervades.