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by eschulz
1612 days ago
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I've noticed that the covid crisis has resulted in steady or even growing home purchases, many of them as second homes. In the US there was a lot of talk in 2021 of those who had not lost their jobs sitting on more liquidity than ever before, so I'd assume it's many of these people who jumping into the housing market. |
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Interest rates fell dramatically, government stimulus/cash transfers were far in excess of any lost wages, fewer people wanted to list houses and do showings due to covid.
Certainly a perfect storm.