According to BofA, lower home prices will be a result of lower household incomes, with the typical household income expected to drop 2% lower than pre-pandemic forecasts. The study predicts unemployment will increase to around 16% in the second quarter of this year and average 7.9% in 2021, dragging home prices down.
, are expected to soften the economic blow to the housing market, BofA predicts the lower end of the market will feel the most heat as the hospitality, travel, and energy industries grapple with the economic impacts of the outbreak.
Paywall, great
When?
Time to start dealing BarbaraCorcoran ?
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
US government rejected an offer to manufacture up to 1.7 million N95 masks weekly - Business InsiderMichael Bowen, owner of manufacturer Prestige Ameritech, warned officials of the supply shortage a day after the first coronavirus case in the US. If this administration can’t bid on it they’re not interested. But Obama 🥴 We didn’t need the masks then. Duhhhhh 🙄
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Ask us anything about spending, saving, and investing your money during the coronavirus - Business InsiderWe want to help you make smart decisions with your money. Part of that is a commitment to addressing your most pressing questions about saving, investing, earning, and spending money
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
The tradeoffs between fatalities, GDP, and job loss as the US reopens - Business InsiderReopening could directly increase deaths from the coronavirus, per new research from the University of Pennsylvania's Wharton School of Business. im so high lol InVestors? Asking 'mainstream' economists about reopening the economy is unlikely to generate useful advice. These are the same people who missed the 2008 financialcrisis and were unable to predict the election in 2016.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Negative interest rates are coming to the US, a CIO overseeing $270 billion says - Business InsiderCIO Scott Minerd says recent action from the Fed means companies that would normally be shut out of credit markets in times of stress can raise cash. who wants to meet me? 💄
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
8 worrying things about the US reopening that are keeping Americans up at night - Business InsiderAccording to a new survey, about 80% of American workers are concerned about another wave of office closures or infecting a family member.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Scott Galloway: US colleges will permanently close due to coronavirus - Business InsiderScott Galloway says if US universities don't stop viewing themselves as 'luxury brands' they may not be able to reopen after coronavirus. We can only wish It should be closed when poor cannot get admission in that institutions. Education should be the right of every person. If not then such institutions are of no use to open.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »