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So I work many jobs (in the United States), but one of them is related to construction and maintenance of homes and businesses. I don't want to give details, but it's unusually active, especially for winter.
The reason this is on my mind is because I expected recession, to some degree, and at least short term relaxed demand. Buying houses requires either ready money or the ability to convince a lender that money is coming in the future. My question: with so many unemployed and reports of businesses closing for good, lost income, are we entering a boom time? And if so, how does that work?https://www.businessinsider.com/how-2020-broke-the-housing-market-inventory-could-run-out-2020-9