Cyrus wrote: » have you ever hot desked? its rubbish
rks wrote: » The hot desk concept will become even more popular which will only account for 30-50% max of the workforce. Come to office for a day or two when required, book your desk and then go back working from home. Lots of consultancy companies anyway work like this. Most of the time the consultants are working for the clients. I have seen this a lot in US in companies like Accenture etc. Of course not everyone can work from home, in certain cases access to test labs etc will be required where research type of work is carried out.
MacronvFrugals wrote: » Slightly facetious but go back to the Black Death and that directly switched us from feudalism to capitalism.
PropQueries wrote: » I think the difference this time is that technology exists to allow WFH on a huge scale and an ongoing basis. I also think the west was already moving towards some form of deglobalisation before Covid-19 and this may accelerate the process. So, the world economy was probably changing anyway. We may be going through our version of an industrial revolution and we currently can't see, as they say, the woods from the trees, and the impact is probably impossible to predict at this stage. Basically, I don't think we're going back to life as usual. But if we did and 90% of office workers went back full time, that's 10% of the city's workers permanently gone so the impact on commercial real estate in the city may be impacted either way.
HotDudeLife wrote: » Very early to start drinking on a Monday. All joking aside, seriously? How can you say that, we haven't even witnessed the impact on the economy when the covid payment is pulled and not to mention the winter flu season, among a host of other issues, brexit, US elections etc.
Geuze wrote: » As the recession will last 6-9 months, it will be shorter than many previous recessions. Although it is much sharper yes, as the falls in income during 2020 Q2 were very deep. The recovery is underway. How long until income returns to 2019 levels? Maybe 2021 or 2022?
Cyrus wrote: » i dont think he is referring to the property market alone.
brisan wrote: » Some big drops in Greystones overall
PropQueries wrote: » Glenveagh have reduced the prices of their 1 Bed Apartments at Marina Village in Greystones from €499,950 to €385,000. Link to MyHome here: https://www.myhome.ie/residential/brochure/1-bed-apartments-marina-village-greystones-wicklow/4454039
Cyrus wrote: » why wouldnt a vaccine lead to a gradual return to life as usual? and if what you believe is true then how did the world manage to recover from the last pandemic?
Geuze wrote: » As the recession will last 6-9 months, it will be shorter than many previous recessions. Although it is much sharper yes, as the falls in income during 2020 Q2 were very deep.The recovery is underway. How long until income returns to 2019 levels? Maybe 2021 or 2022?
Leozord wrote: » the last serious pandemic happened in the midst of a war soon later we had 29 crash and the nazi-dream tough times alright
Cantstandsya wrote: » Sounds good to me. Banks no longer able to make the people who do pay their mortgages make up for those who don't. Those who actually do pay able to get a lower rate commenserate with the risk they pose the bank rather than some waster living rent free for ten years. Banks become more cautious forcing the government to deal with the elephant in the room of people not paying mortgages and remaining in the houses. It has to happen eventually so, as the saying goes, eat the frog.
Cyrus wrote: » and if what you believe is true then how did the world manage to recover from the last pandemic?
brisan wrote: » No but I am fairly secure so hopefully it wont affect me Retiring -redundancy this year DB pension healthy lump sum,AVCs and mortgage free. But i firmly believe this will be the worse recession in the last 100 years Once the gov turns off life support then it will all start
brisan wrote: » Even with a vaccine life as we know it will never be the same again
Hubertj wrote: » Surround yourself with positive people
bobbyy gee wrote: » I sold 10 properties in January just before pandemic I see 2 of them up for sale for less than they paid.
Graham wrote: » I do expect there will be many lessons learned and changes made post pandemic. It's hard to guess how this will impact the property market. Personally I can see slightly lower demand for large scale offices and city centre apartments but I wouldn't like to guess if it will be enough to move the needle significantly.
handlemaster wrote: » Have you ever seen the Rain ?
brisan wrote: » Born in 1960 and bought my first property in 1982 I have seen 58% tax rates and 7% PRSI on average wages I have seen mass emigration on 2 or 3 occasions I have see mass unemployment on a scale not seen in 35 years I have seen 16.5% mortgage rates I have seen rampant inflation and 15-20% pay rises. I have seen Black Monday and a few financial crashes. I have seen whole streets of houses for sale in London here owners posted the keys back to the banks I have seen ghost estates and property crash by over 50% ( which I bought ) But I firmly believe we are in for the biggest ****show I have ever seen
Graham wrote: » The coronavirus restrictions are only likely to stay forever if the pandemic stays forever. I don't think even the most pessimistic expect that to happen.
plibige wrote: » Where's this 190k house, i'd love to buy it
