The COVID — 19 Housing Market Is Precarious
Published in
6 min readJun 23, 2020
The lockdown due to the virus has caused a slump in demand and a shrinking in the national income. The economic damage caused to the economy is staggering. For context, at the height of the 2008 recession, the unemployment rate peaked just above 8%. Now the unemployment rate is at 13%, with a 11% drop in the number of employed month on month. This number however, does very little to represent the true nature of…
