Coronavirus effect on property markets?

Sailtheworld

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

gfplux

Sailtheworld said:

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

Thank you for your honesty.
You see, every little helps......to destroy the economy.
We have tickets for a concert (Opera from New York Met in a Cinema)  on Saturday. We have the tickets and will 99% be going. However if we did not have the tickets we would not be.

Sea_Shell

Sailtheworld said:

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

By not travelling, that's being part of the solution, rather than part of the (ongoing) problem.   

Travelling "on purpose" just because you've bagged a bargain, in the current climate, seems wrong to me.

Purely from a health POV rather than a wider economic POV.

silvertooth

The stock market has fallen 2000 points and this is before it’s really taken root in the test of the world yet

silvertooth

Rest of the world*

Japan has now stopped all kids going to school for the foreseeable future 

if or should I say WHEN that happens in the rest of the world how will parents go to work?

Crashy_Time

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

People in various countries are already changing their behaviour, either by choice or because their authoritarian government is telling them to, the economic damage from this is already baked in, now it is just a question of how long it goes on for and how deep the economic slump will be IMO, putting on a mask and braving the High St. to buy a Greggs won`t mitigate the damage from widespread supply chain disruption, and neither will cutting interest rates and money printing (The CB`s favourite (only?) trick)

Crashy_Time

Sea_Shell said:

Sailtheworld said:

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

By not travelling, that's being part of the solution, rather than part of the (ongoing) problem.   

Travelling "on purpose" just because you've bagged a bargain, in the current climate, seems wrong to me.

Purely from a health POV rather than a wider economic POV.

Exactly, much as I`m sure the US/UK authorities are spinning/hoping like mad to keep the shopping malls/credit card sales ticking over to save their precious debt bubble I am pretty sure that health is going to trump propping up banks balance sheets for most people. If only it was a virus that didn`t kill, just laid people low for a few months then we could really enjoy watching the bankers squirm. Of course on here many posters can`t see past their house bubble price and that clouds all other judgements IMO, for example see some of the early pronouncements from posters on here about how this was an event of near zero significance! TBH taking an extended rest from lurching round the shopping centres then stuffing the face at Greggs/McDonalds then putting the phone back up to face to shuffle round some more shops could be the healthiest thing to happen to some UK residents in a long time.

Sailtheworld

Crashy_Time said:

Sea_Shell said:

Sailtheworld said:

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

By not travelling, that's being part of the solution, rather than part of the (ongoing) problem.   

Travelling "on purpose" just because you've bagged a bargain, in the current climate, seems wrong to me.

Purely from a health POV rather than a wider economic POV.

Exactly, much as I`m sure the US/UK authorities are spinning/hoping like mad to keep the shopping malls/credit card sales ticking over to save their precious debt bubble I am pretty sure that health is going to trump propping up banks balance sheets for most people. If only it was a virus that didn`t kill, just laid people low for a few months then we could really enjoy watching the bankers squirm. Of course on here many posters can`t see past their house bubble price and that clouds all other judgements IMO, for example see some of the early pronouncements from posters on here about how this was an event of near zero significance! TBH taking an extended rest from lurching round the shopping centres then stuffing the face at Greggs/McDonalds then putting the phone back up to face to shuffle round some more shops could be the healthiest thing to happen to some UK residents in a long time.

Come on Crashy if anyone's judgement is clouded by 'bubble house prices' it's yours.

Crashy_Time

Really? So my call that this has a long way to run with credit market/supply chain knock on effects is clouded by bubble house prices? 

Thrugelmir

Crashy_Time said:

Sea_Shell said:

Sailtheworld said:

gfplux said:

The economic effect of corona virus will be minimised by not changing our behaviour,
have you changed yours? Are you still taking public transport, going to the cinema, shopping centres and concerts.
perhaps we are all nerds who spend most of our time in one room playing games!

I'm the least bothered person but I've changed behaviour - I cancelled a business trip to SE Asia. Last thing I need is to catch a cold, spend two weeks in foreign quarantine and a further two weeks in a UK army camp on arrival home.

I saw on the BBC Simon Calder was telling people to fill their boots with bargain holidays. I won't be doing that.

By not travelling, that's being part of the solution, rather than part of the (ongoing) problem.   

Travelling "on purpose" just because you've bagged a bargain, in the current climate, seems wrong to me.

Purely from a health POV rather than a wider economic POV.

 TBH taking an extended rest from lurching round the shopping centres then stuffing the face at Greggs/McDonalds then putting the phone back up to face to shuffle round some more shops could be the healthiest thing to happen to some UK residents in a long time.

All those touch screen order points are putting peoples health at risk anyway. Prefer ordering etc via a human being.