Everyone’s expecting housing market to crash in spring 2021, but it won’t. Here’s why... 1/11

The whole hype is around struggling economy, people losing jobs, several sectors like travel, retail, hospitality, commercial real estate etc being affected. 2/11

But how much has the economy been affected in % terms? 5%? 10%? Don’t see any economic indicators publish more than that. On the higher side let’s say 15% of the economy has been affected. 3/11

So 85% of the economy is still intact and they don’t spend on travel, hospitality etc. One man’s loss has been another’s gain. 4/11

Households that aren’t affected have more free money to spend. And they’re spending it on sectors that we can see are rising, like real estate. 5/11