Thread: nCoV 2019
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Old 10th March 2020, 10:13     #148
blynk
 
Quote:
Originally Posted by fixed_truth
I'm interested in how it's all gonna effect the inflated NZ housing markets with it's low supply high demand. I'm assuming when the middle falls out houses will just be picked up by those at the top.
Isnt that what always happens.
Markets crash, and while the top may lose the most amount of money (on paper), they can weather it. The middle crashes out, the top buys in, markets go up again and the top are even higher.
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