Looking back at previous recessions and depressions, especially the 2007-2008 and its fallout, we see a history proving that the impossible can and did happen suggesting that this could be a very real possibility of what is happening now in 2020 and beyond. Right now, as of June 2020, the current recession already has had … Read more How will Real Estate be Affected During the 2020 Recession?
Many people still are not aware that, after ten years of rebounding from the great recession (2007-2008), real estate has been noticeably dropping since October 2018. Long before the effects of COVID-19 started tearing the World’s economies apart, recession was predicted for the 2nd quarter of 2019, which was over a year ago. There was … Read more The Housing Market in 2020: Why Selling is Difficult and Getting Worse
Wait! What! Many readers won’t understand that this is happening right now. Right here…in the U.S.A.! Yes, many of our friends and neighbors are being forced to leave our beloved country – and they have done nothing wrong. This article is speaking directly to those being forced to leave. If you are not one of … Read more The Shakeup Happening to Foreign National Workers in the U.S.
A recession is a period of economic reduction, where businesses see less demand and begin to lose money. To cut costs and stem losses, companies begin laying off workers, generating high unemployment levels. Attempts of preventing the spread of the COVID-19 pandemic may have been fairly successful so far; however, the economic standstill and the … Read more Are We Already in a Recession?
One byproduct of recent events is the many people that are losing their jobs. The subset that I discuss here involves foreign nationals working within the U.S. This fallout is being caused by a perfect storm launched by COVID-19, generated by U.S. Government regulations, and contributing to the real estate market downturn. Over 140,000 highly-skilled, … Read more Why are Information Technology Employees Being Forced to Leave the United States?