Quote:
Originally Posted by Nich
Now the virus has community spread in the US, there is a Demand Shock (which has traditionally been, and will be eased by QE and rate cuts). But once you solve the demand shock with more money and liquidity, the Supply Shock means there will be nothing much to buy.
Demand Shock + Supply Shock has never happened before, ever.
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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.