Coronials.
Covid opportunities???
- Thread starter crankcall
- Start date
Coronials.
TK4
Well-known member
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my wife is currently working a paediatric / labour/del ward, anybody remember that blackout in the gta about a decade ago?? the newborns were stacked up like cordwood. About 9-10 months from now will be another jam up in delivery. They actually track this stuff and prepare. That big ice storm 20 some years ago was a bonanza for gyno's in eastern ont.
Add the Mississauga train derailment to the stork list and a few power outages
From a real estate perspective....
Depending on how this unfolds there may be some condo market backlash that could see a small downturn. AB&B style inventors are likely dumping or getting really nervous. Some people may rethink close contact living. Both pointed out already in this thread... But memories are short and in a few years well forgotten by many.
House flippers, I expect they may take a market buying break as there is a lot of uncertainty in both the near term future market (to sell) and the ability to complete the flip in a timely manner (have their money stuck). So they may stay out which means lower cost to buy a house that needs work. In context we bought out house in a great in demand Toronto area in 2008 for 500K, (move in liveable condition but it needed work), a year earlier it would have gone for around 800k, two years latter back to 800K in the same condition, today 1.7M all day long, why....the flippers were sitting on the sidelines (parked their money) in 2008, the sellers couldn't beleive we were the only offer as they expected a flipper bidding war.
Depending on how this unfolds there may be some condo market backlash that could see a small downturn. AB&B style inventors are likely dumping or getting really nervous. Some people may rethink close contact living. Both pointed out already in this thread... But memories are short and in a few years well forgotten by many.
House flippers, I expect they may take a market buying break as there is a lot of uncertainty in both the near term future market (to sell) and the ability to complete the flip in a timely manner (have their money stuck). So they may stay out which means lower cost to buy a house that needs work. In context we bought out house in a great in demand Toronto area in 2008 for 500K, (move in liveable condition but it needed work), a year earlier it would have gone for around 800k, two years latter back to 800K in the same condition, today 1.7M all day long, why....the flippers were sitting on the sidelines (parked their money) in 2008, the sellers couldn't beleive we were the only offer as they expected a flipper bidding war.
