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CoronitaParticipantGreat. glad public tax dollars went into building a stadium used for a private Enterprise where profits go towards the team owner. I wonder how many unemployment checks that could have covered now that gaming employees will be facing a financial crisis and have a tough time making ends meet like simple the cost of food and housing.
CoronitaParticipant[quote=TheBrianNarrative][quote=FlyerInHi]The discounts following the next recession will be commensurate with the economy.
I guess Orlando is toast. How much will housing be discounted? Long term, I think it’s good buy….. but too far for me.[/quote]
Orlando will be fine. People actually want to live there. Nevada depends upon the gambling industry in lieu of state income tax. It’s the middle of the desert. It’s toast[/quote]
Orlando is actually a decent destination for UK and Europeans to vacation, since it’s not *that* far to fly. The last time I was there right before the housing market tanked before the great recession, a lot of the would be condo buyers were from Europe looking to buy because unlike here, they get a few weeks/months off, so there was a decent number of buyers looking in Orlando, which price wise is very cheap relative to say Miami.
That said, there is one good thing about Las Vegas. The Raiders!!! Though fans tend to riot when they win, and riot when they lose. Heck, I think Raiders fan just look for any reason to riot…Lol
CoronitaParticipant[quote=TheBrianNarrative]destinations like San Diego that depends on car travelers for most of their tourists should fare OK. Destinations like Vegas that depend upon tourists flying in could be headed for municipal bankruptcies[/quote]
Maybe, I’m looking more like activity that allows one to be outdoors like beaches hiking, water rafting, etc probably ok…. Recreation in tight and confined areas like cruises and casino, not ok until there’s a vaccine. around 18months in the best case.
CoronitaParticipantThis is what many of us were saying about a shortage of hospital beds… Only the numbers are actually worse than estimated. I generously thought the bed to patient ratio was roughly 1 hospital bed to 2 patients for San Diego County.
But the numbers are looking closer to 1 ICU bed to 30 patients.
Unrelated, it’s unlikely any of things will return back to normal by May. It’s looking more like end of July/August, which pretty much is the end of any sort of summer break. That about kills the tourism industry this year.
CoronitaParticipant[quote=ucodegen][quote=Coronita][quote=svelte][quote=Coronita][quote=svelte]…[/quote]
Basically, the websites are keeping a cookie in your browser. That’s why you use to be able to open a private browser and it would work because private browsers don’t keep cookies once you close them. But a lot of websites got smart and won’t let you view in a private browser now. What you can do is create a new profile in chrome that you don’t care about, and simply clear your browser history and reopen your browser.[/quote]
Or configure your browser to delete all cookies when closing/exiting the browser completely. Side effect will be the ‘keep me logged in’ on web sites will no longer work. Considering that cookie values can be snaffled up by hackers, it is not a good way to maintain a web page connection though.[/quote]Chrome/Firefox let’s you configure different profiles, so I created one just so that.i could clear cookies/cache. I use a separate profile when I need to login to something important. that way I don’t save my passwords for my bank account into profiles that I use to surf news articles. I also create separate profiles on my work machines and don’t save any passwords. I don’t trust any IT admin who has full access to my machine.
CoronitaParticipant[quote]
“Hello,To protect the health of our customers, agents and communities, we’re canceling open houses for all homes listed by Redfin’s brokerage, and limiting private in-person tours of all listings to two customers per tour. We’re still serving thousands of buyers and sellers each day, but with new rules and new technologies.
We’ve Spent a Decade Preparing for This Day
No brokerage has invested more in preparations for virtual open houses, virtual tours, virtual contracts and closings. The coronavirus has just made the future we’ve been preparing for come sooner.Three-Dimensional Scans on All Homes Listed by Redfin.com
Our listing customers shouldn’t worry about canceled open houses. Since we publish interactive, three-dimensional scans of all homes listed by Redfin agents, buyers can still explore every nook and cranny of a home for sale without creating a public-health risk. We run a digital-marketing campaign for every listing to bring plenty of folks through your home online.Video-Chat Tours of Any Listing, Including Homes Listed by Other Brokerages
Homes listed by other brokerages can be toured in person or virtually, via a video chat. On a video-chat tour, a Redfin agent broadcasts what we see on a walkthrough of the home, responding to your requests to pan left or zoom in. Schedule the tour as before, but follow the online prompts to ask for a video-chat tour.Precautions for In-Person Tours
We’re still also hosting in-person tours of listings, but with precautions to protect your health:Virtual tours for anyone with a sniffle: no one should tour with cold or flu symptoms. If you’re sick or might be sick, just ask for a video-chat tour.
A healthy agent: because our agents work in teams, if one agent has a cough, we’ll find another to host the showing.
Avoiding close contact: Redfin agents won’t ask customers to shake hands, staying six feet away from you throughout the tour. We won’t enter small bathrooms or crawl spaces.
We’ll Be Straight With You Through the Ups and Downs
We’ve also been publishing weekly real-time data on sales activity from buyers and sellers and surveys of consumers and agents. Because Redfin runs a website and a brokerage backed by one enormous customer database, we know before almost anyone else what’s happening to demand. And because we’re Redfin, we’ll be straight with you about what we know.Over the Past Few Days, The Housing Market Took a Hit
Demand held up surprisingly well until the stock-market panic on Thursday, March 12. But with measures to slow the spread of coronavirus expanding to more cities, we expect that this Wednesday’s report will show a big drop in activity. Some buyers will see this as an opportunity to get the home of their dreams at a good price, with historically low mortgage rates. Others will wait until the end of the recession that has almost certainly begun.We’re Here for You
We’re still a small business, and a service business through and through. We’re taking care of our agents, with health-care benefits and now much higher levels of base pay for people who are sick or at home with their kids. Now more than ever, we need to take care of you. If you have a question, please respond to this email or visit support.redfin.com.Stay healthy! And thank you for your support,
Redfin”[/quote]
CoronitaParticipant[quote=spdrun]Again, mistranslation wins the day … outdoor physical activity, dog walking, etc are still allowed in France, just not in groups. You just have to carry a form pinky-swearing your reason to be out or be fined the equivalent of $40.[/quote]
There’s no mistranslation. High density population living quarters in this scenario will lead to a much high chance of spreading infection. Any sort of quarantine now is just trying to control it after the fact. Doesn’t matter that you can take a dog walk as long as you are 6 feet away from households during emergency orders.
CoronitaParticipantSan Francisco just went into shutdown. Clearly concentrating population in high density housing is terrible when it comes to highly contagious pandemic viruses. When this is all said and done, me thinks we will have a reversal of trends where people want to move back out into the suburbs and lower density housing.
High density appt condo builders , take note.CoronitaParticipant[quote=svelte][quote=The-Shoveler]
Or just decide it is not worth it like England.
[/quote]
With England choosing one route and most other countries chosing a shutdown, we should be able to tell whether the shutdown did any good.
If England doesn’t get hit any worse than other countries, then maybe we’ve all overreacted.[/quote]
There comes a time when public health matters more than the economy, even if it is an overreaction. I’m glad we are erring on the side of precaution. UK’s argument isn’t that they aren’t going to go into lockdown. It’s that they aren’t going to do it yet. Same thing with Mexico.
CoronitaParticipantSpeaking of not listening to orders. While most of the spring break partying venues have been cancelled, this one apparently has not been.
Of course the younger generation don’t really care and don’t think any of them will get sick. And of course if they do get sick, they don’t care if they bring it back home, where it could kill someone with a compromised immune system or older people, in the sort of selfish, young I don’t give shit sort of way.
CoronitaParticipant[quote=spdrun]Vaccine tech is a lot better than 100 years ago where all they had was “treat infected tissue with heat or disinfectant and hope it works.”[/quote]
Vaccines won’t “fix” people who already have it. That could take some time, and by the time one is available, we might be already past are high infection rate. I think people need to come to the reality that we could see a lot of people dying, some might be people you know. Obviously we hope that’s not the case, but it’s a reality. That’s why I always say, enjoy your life while you can. You never know what tomorrow brings.
CoronitaParticipant[quote=svelte][quote=Coronita]
It’s just the tip of the iceberg that’s starting now. All indications is we really wont start coming back, until maybe May, and that would be a slow recovery and also assumes that even if we can get past this first virus way there won’t be a second wave (similiar to the Spanish Flu). [/quote]A good article on the 1918 flu as it affected San Diego:
0.5% of San Diegans died.
First case, Sept 26, 1918 in Balboa Park.
San Diego restricted gatherings.
Seemed to be slowing by late October 1918: 535 cases, 20 deaths
Public gathering restrictions lifted mid Nov 1918.
Another wave hit in 1919, but not a severe as 1918 (at least in San Diego).
I don’t have the date my relative died in Tulsa, but I have a document he signed in late Sept 1918 so I know it was after that.[/quote]
Yup. Second wave of 1919 was not as severe because those that were infected with the first wave but survived built an immunity to the second wave
. However, the second wave did hit hard those that weren’t infected the first time, it was a more lethal strain I think. …None of this economy matters if in a few years you are dead.CoronitaParticipant[quote=svelte][quote=Coronita][quote=svelte]…you guys gotta stop sending out links to things that require a subscription…[/quote]
Svelte, it’s because you already exceeded the monthly limit. Sometimes, if you run your browser in private mode, you can still see the article, though that is changing.[/quote]
…looks like I hit my quota with Chrome…I just moved over to IE and can now see it…[/quote]
Basically, the websites are keeping a cookie in your browser. That’s why you use to be able to open a private browser and it would work because private browsers don’t keep cookies once you close them. But a lot of websites got smart and won’t let you view in a private browser now. What you can do is create a new profile in chrome that you don’t care about, and simply clear your browser history and reopen your browser.
CoronitaParticipant[quote=The-Shoveler][quote=Coronita]MGM and Wynn resorts shutting down. Also locally, most of the casinos are shutting down too, bars and clubs. Total closure. Traffic will be great though :)[/quote]
This will get real crappy real quick economically unless uncle Sam starts sending out checks real soon.[/quote]
It’s just the tip of the iceberg that’s starting now. All indications is we really wont start coming back, until maybe May, and that would be a slow recovery and also assumes that even if we can get past this first virus way there won’t be a second wave (similiar to the Spanish Flu). One of my customers just shutdown, so there will be some impact, but the immediate impact will be the workers that work at those venues.
Caesars Palace layoffs: https://www.reviewjournal.com/business/casinos-gaming/caesars-begins-layoffs-during-coronavirus-crisis-1982207/
Sahara: https://www.reviewjournal.com/business/casinos-gaming/layoffs-begin-at-sahara-las-vegas-1982387/
Cirque du Soleil, 1500 people let go: https://www.reviewjournal.com/entertainment/entertainment-columns/kats/cirque-du-soleil-closes-las-vegas-strip-shows-1500-lose-their-jobs-1980947/
And this is just the first week of closures… It’s going to get worse in the tourism sector and it’s really bad news for places that depend primarily on tourism. Can’t pay mortgages and can’t pay rent when there’s no job and no job substitute in the area besides tourism. Ironically, this IS the dooms day scenario that many people wanted I thought. So maybe I was wrong about certain parts of the US. Certains parts of the US are now royally screwed.
Easy come, easy go. Thank you China 🙂 -
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