Reply To: It’s possible the crisis is half way over…

Home Forums Property Market Research Q&A It’s possible the crisis is half way over… Reply To: It’s possible the crisis is half way over…

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Don’t you think that the effects of the crisis on the economy are “lagging” behind?

Titanic didn’t sink in an instant. The great depression occurred 1 year after the initial market crash. Everything was going great with a rosy outlook before the housing bubble burst in 2008. Do I need to give you more examples?

The time-frame for economical crises to unravel should be measured in years and not weeks and months. As far as I am concerned our 2008 crisis is till here and we are experiencing its’ second ‘wave’. This wave was inevitable, but the covid outbreak just brought it forward by a few years.