How fast will we get back to normal?

How fast will we get back to normal?

Investor Asked on April 19, 2020 in Real Estate.
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I am not sure what normal means to you. If it means the way we were 60-days ago? The answer is: never! The environmentalists rejoice – no airplanes are flying; nobody is driving, and everybody is scared about the future.

Result? Gas consumption is down 55% (effecting all gas station workers, gas station owners, oil companies), 89% fewer clothing has been bought in March 2020 than in March 2019. Department store sales are down 40%. We are trained to work from home, online shopping. I could go on but what it will mean is a lot of these businesses will never reopen, never to the old normal.

Guru Answered on April 19, 2020.
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