[QUOTE=canovas;58095805]Yes. Unless a vaccine is developed (and even then, why would people want to go back to commuting, cramped offices, etc when they got used to working from the comfort of their own homes??), this is the new norm and it won't be pretty for NYC. I am now so happy that I never bought any property here...not that I could afford it right now, but even when I had a slight chance at getting a mortgage some time ago, something inside me told me "no, don't do it...you may end up...

[QUOTE=Mr. Ryu;58095850]This will be the trend now but in 2 to 3 years people will forget and the housing/commercial market is back. I feel a lot of people will sell (maybe at a loss) and then in a couple of years those same properties are taken and are doubled the price.[/QUOTE]

I don’t think so, the loses will be coming . Also I don’t think people will forget this anytime soon. Before this all happened Manhattan Real estate was a mess . Amazon killed the Commercial retail business...

[QUOTE=Airborneguy;58097822]That may be the case for some, but for most it's because our society has become structured towards two income households.

My wife and I life well within our means, to the point where people think I'm nuts for rarely buying clothes, accessories, small luxuries etc. Still, we could only barely get by nowadays on my salary alone and I make a pretty damned good living.

This is just the nature of NYC. I'd much prefer her to be home taking care...

The continuous increase in COVID-19 positive cases, long working hours from home, and taking care of your loved ones and yourself during the pandemic can be overwhelming.

Here are some self-care tips during Covid-19 pandemic:
[LIST][*]Exercise regularly. You can also go for a walk in the park or ride a bicycle, however, ensure to practice social distance guidelines.[*]Eat a healthy and well-balanced diet to fuel your body.[*]Drink plenty of water to stay hydrated.[*]Try to...

[QUOTE=IForgotMyOldAccount;58094868]The answer is no if you look at the data. Metros in general will demand high prices and laughably some sales are breaking records during this crisis. A major deal was recently done in Texas May 2020.
[LIST][*]A luxury town home just recently sold for 31m in NYC.[*] Tower 333 building just sold for $400M in March Seattle[*] 1031s and sale leasebacks gunna be popular[*]Currently, foreign investors are buying luxury condos in NYC to diversify assets with [B][U]cash[/U][/B]...[/LIST]...