LuckyNumber7
Blue Crack Addict
Pinkies out
I wonder if we will see a 100k case record on Tuesday when the various states provide updates on the weekend testing.
110K + probably.
I'm wondering if any of you made any changes to your living arrangements/real estate as a result of COVID? Anecdotally I am seeing quite a lot of the following among colleagues and friends:
- new graduates or younger people moving back home to save on rent and be available for their parents
- landlords dropping rent on downtown condos since the downtown is a ghost town
- many of my friends fleeing from small condos downtown and trying to get into anything with some outdoor space - houses, townhouses, etc
- people doing renovations - our contractor told us that he can't sleep because of how busy they have been, that people are trying to optimize their home spaces for working from home or they just have a bit of extra $ from not travelling, etc and are doing the renos they have been thinking of for a while.
We sold our house a month and a half ago, so COVID accelerated the move we anticipated next summer. A number of my colleagues bought semi-rural properties believing that they'll never return to the office 5 days a week, so why not reduce the size of their mortgage while actually getting more property/outdoor space. I really wonder how far reaching the implications will be the longer this persists.
I'm wondering if any of you made any changes to your living arrangements/real estate as a result of COVID? Anecdotally I am seeing quite a lot of the following among colleagues and friends:
- new graduates or younger people moving back home to save on rent and be available for their parents
- landlords dropping rent on downtown condos since the downtown is a ghost town
- many of my friends fleeing from small condos downtown and trying to get into anything with some outdoor space - houses, townhouses, etc
- people doing renovations - our contractor told us that he can't sleep because of how busy they have been, that people are trying to optimize their home spaces for working from home or they just have a bit of extra $ from not travelling, etc and are doing the renos they have been thinking of for a while.
We sold our house a month and a half ago, so COVID accelerated the move we anticipated next summer. A number of my colleagues bought semi-rural properties believing that they'll never return to the office 5 days a week, so why not reduce the size of their mortgage while actually getting more property/outdoor space. I really wonder how far reaching the implications will be the longer this persists.
i realize this isn't a concern with people who have kids, like, under the age of 12, who probably aren't throwing dinner parties that go past midnight. but we might be moving along in a couple of years, and will do what's best for resale.
For sure. All changes we made to our house in the last 2 years were done with a view to resale since we knew we were moving. It takes a lot of the stress off when you know that a wide range of people will be willing to consider your house.
I am shocked your HELOCs are frozen. Doesn't that have a pretty large negative impact on anyone who is selling one property and buying another? I imagine most people will need to draw from their HELOC for both the deposit and the downpayment and to decrease bridge financing.
Mortgages rates in Canada are absurdly low which has made single family homes in places like Toronto shoot up in value and sell instantly. We are taking on a mortgage on our new house and the rate we got is a 1.64% 5-yr fixed.
Mortgages rates in Canada are absurdly low which has made single family homes in places like Toronto shoot up in value and sell instantly.
I wonder if we will see a 100k case record on Tuesday when the various states provide updates on the weekend testing.
There is still about 90 minutes before the day is closed out on Worldometers. We'll crack 100k.Wrong by a couple of days. 97k today. Damn.
It would appear that England is going into a near total lockdown from Wednesday. Details haven’t been formally announced, but word is that on Monday Boris will close everything except essential stores and places of education.
Better to do it now (or like a month ago) with the hope of some family visits at Christmas. People won’t stay locked down by themselves on Christmas Day anyway, so hopefully this will minimise the damage.
And apparently the eat out to help out program over the summer was responsible for about 20% of the outbreaks that period in return for limited economic benefits. Who’da thunk?
https://www.thetimes.co.uk/article/...navirus-infection-rates-study-finds-rwd3qd6gw