Market Philosophy: What You Got?

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JasonWx JasonWx
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Re: Market Philosophy: What You Got?

I think the market will trade in the low 20 for the next 3- 5yrs

It is foolish to think that when this is over, we will just start up were we left off.  Many of those jobs that were lost will not be back for a long time.

How does the Hotel industry come back from this?  We will all be germaphobes , I know I wouldn't what to sleep in a bed that 1000 other people have used..

We have a friend who's business is based around the NYC hospitality industry. His payroll was 350k per week..He laid off all most everyone..If he survives how many people will he hire back?

This will be a long long slog back..
"Peace and Love"
Johnnyonthespot Johnnyonthespot
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I wonder if this will trigger permanent relocations from NYC to suburbia like after 9/11. Real estate bubble next spring?
Milo Maltbie Milo Maltbie
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Re: Market Philosophy: What You Got?

Johnnyonthespot wrote
I wonder if this will trigger permanent relocations from NYC to suburbia like after 9/11. Real estate bubble next spring?
Yup.
After 9/11 a client who worked at NYU on 14th St told me she was gonna move "as far away as possible."  She ended up at Columbia on 116th St. Corona is gonna make city people become hermits in Lowville.

mm
"Everywhere I turn, here I am." Susan Tedeschi
Johnnyonthespot Johnnyonthespot
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100 blocks isn't necessarily my neck of the woods. I was hoping a migration north will help with all the extra inventory from people retiring out of state.
Milo Maltbie Milo Maltbie
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Re: Market Philosophy: What You Got?

Johnnyonthespot wrote
100 blocks isn't necessarily my neck of the woods. I was hoping a migration north will help with all the extra inventory from people retiring out of state.
My point was that after 9/11 people only wanted to get out north of mid-town. After corona they will want to hide out in the wilderness. Hamilton county real estate is gonna go wild.

mm
"Everywhere I turn, here I am." Susan Tedeschi
warp daddy warp daddy
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Re: Market Philosophy: What You Got?

Got a beautiful home on the St Lawrence " i CAN see Canada from here ". Extremely LOW density only 100 K in the third largest ( land mass ) county east. Of the Mississippi ...any takers ??  
JTG4eva! JTG4eva!
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Re: Market Philosophy: What You Got?

In reply to this post by JasonWx
The Bear Market that followed the 1957 crash triggered by the Asian Flu didn’t last anywhere near that long, and the markets back then were probably more tied to fundamentals than the crazy market of the past few years.  Trying to predict what the markets are going to do seems like pure folly!  I’m guessing you are wrong on your 3-5 year outlook, and things will come back quicker.....but who knows!
We REALLY need a proper roll eyes emoji!!
Jon951 Jon951
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MC2 5678F589 MC2 5678F589
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In reply to this post by Milo Maltbie
Milo Maltbie wrote
 Corona is gonna make city people become hermits in Lowville.

mm
....
Milo Maltbie wrote
. Hamilton county real estate is gonna go wild.

mm
....
I just don't see it.

I don't know why people will go through this and say: "I actually want to be *even further* from services and hospitals!"
tirolski tirolski
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Re: Market Philosophy: What You Got?

In reply to this post by Milo Maltbie
No stop lights or pharmacies in Hamilton county. Not much real estate as APA rules kept that down.
Blackfly season should start when weather warms up, not to mention it's been known to snow a bit.
There's probably some of these waking up too now.
https://www.northcentralpa.com/life/outdoors/massive-black-bear-hit-in-potter-county/article_dacb6bb2-702f-11ea-ade5-2faaf4ddc751.html
 
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