Coronavirus effect on property markets?

Jonbvn

Some current stats:
https://www.worldometers.info/coronavirus/
Number of cases is definitely slowing down (for now).
Can I stop digging the bunker now?

gfplux

Jonbvn said:

Some current stats:
https://www.worldometers.info/coronavirus/
Number of cases is definitely slowing down (for now).
Can I stop digging the bunker now?

It is looking hopeful. Although the Chinese have taken some criticism the draconian lock down perhaps is working.

Sailtheworld

gfplux said:

Jonbvn said:

Some current stats:
https://www.worldometers.info/coronavirus/
Number of cases is definitely slowing down (for now).
Can I stop digging the bunker now?

It is looking hopeful. Although the Chinese have taken some criticism the draconian lock down perhaps is working.

Being able to quarantine millions of people at a time will certainly help reduce the pace of spread. Potentially however it's more to do with a low infection rate and, for those infected, a low mortality rate which the posts above elude to.

There's some simple anecdotal data to suggest a lower than feared infection and mortality rate. Look at the case of the 'super spreader' scout leader - if Coranavirus was particularly infectious or deadly the news outlets would have much better stories to tell.

Jonbvn

gfplux said:

Jonbvn said:

Some current stats:
https://www.worldometers.info/coronavirus/
Number of cases is definitely slowing down (for now).
Can I stop digging the bunker now?

It is looking hopeful. Although the Chinese have taken some criticism the draconian lock down perhaps is working.

Can you imagine the outrage if something similar was done here?

silvertooth

Prediction for coronavirus is by summer time they can no longer hide the numbers and a huge percentage of mankind is infected and it can’t be stopped.

People stop going to work and school on mass, but China is in total shutdown for prolonged periods
china shutdown finally has knock on effects around the world and currency markets go haywire, stock markets go into free fall, gold and silver make new all time highs but still unavailable and black market prices of real bullion is ten time times more than going on a waiting list 

property markets all dry up, no banks are open and people stop paying mortgages but repossessions cant happen because nobody is going to work, they are all too worked bout their families

crime and fires are rife, hospitals are overrun around the world just like China presently 


the big reset is here.

the main question is was it all by design?

MobileSaver

silvertooth said:

Prediction for coronavirus is by summer time they can no longer hide the numbers and a huge percentage of mankind is infected and it can’t be stopped.

Prediction for coronavirus is by summer time it will be nothing like what the tin foil hat brigade are saying now and the vast majority of the population will be wondering what all the fuss was about.

Jonbvn

silvertooth said:

Prediction for coronavirus is by summer time they can no longer hide the numbers and a huge percentage of mankind is infected and it can’t be stopped.

People stop going to work and school on mass, but China is in total shutdown for prolonged periods
china shutdown finally has knock on effects around the world and currency markets go haywire, stock markets go into free fall, gold and silver make new all time highs but still unavailable and black market prices of real bullion is ten time times more than going on a waiting list 

property markets all dry up, no banks are open and people stop paying mortgages but repossessions cant happen because nobody is going to work, they are all too worked bout their families

crime and fires are rife, hospitals are overrun around the world just like China presently 


the big reset is here.

the main question is was it all by design?

This reads like a Daily mail story.
I know there was a big uptick in cases/fatalities today, but I am not sure if it was of Armageddon proportions. 

lisyloo

silvertooth said:

Prediction for coronavirus is by summer time they can no longer hide the numbers and a huge percentage of mankind is infected and it can’t be stopped.

People stop going to work and school on mass, but China is in total shutdown for prolonged periods
china shutdown finally has knock on effects around the world and currency markets go haywire, stock markets go into free fall, gold and silver make new all time highs but still unavailable and black market prices of real bullion is ten time times more than going on a waiting list 

property markets all dry up, no banks are open and people stop paying mortgages but repossessions cant happen because nobody is going to work, they are all too worked bout their families

crime and fires are rife, hospitals are overrun around the world just like China presently 


the big reset is here.

the main question is was it all by design?

Don’t get this.
if it’s everywhere then why do we need lockdown/quarantine?

we don’t quarantine people for flu 

Thrugelmir

lisyloo said:

silvertooth said:

Prediction for coronavirus is by summer time they can no longer hide the numbers and a huge percentage of mankind is infected and it can’t be stopped.

People stop going to work and school on mass, but China is in total shutdown for prolonged periods
china shutdown finally has knock on effects around the world and currency markets go haywire, stock markets go into free fall, gold and silver make new all time highs but still unavailable and black market prices of real bullion is ten time times more than going on a waiting list 

property markets all dry up, no banks are open and people stop paying mortgages but repossessions cant happen because nobody is going to work, they are all too worked bout their families

crime and fires are rife, hospitals are overrun around the world just like China presently 


the big reset is here.

the main question is was it all by design?

we don’t quarantine people for flu 

Unlike flu. There's no jab currently available to prevent anyone catching it. All NHS staff have an annual flu jab. Be short staffed if were to spread. 

silvertooth

I do wonder how it will work financially? So many businesses closed... that means lots won't get paid... means rents and bills won't be paid ... very difficult😣

How long can rents and mortgages not be paid before the banks start to collapse?