The stock market is the only market where people run away when things are on sale.
A seemingly innocent sentence, but perhaps none truer than what is happening in the markets right now.
Stocks, crypto, the shocking implosion of Luna and Terra – everything is a dismal sea of red at the moment.
It reminds you of popular sayings back when the market was hot.
“I’m waiting on the sidelines to buy the dip”
“I’m going all in when the market drops”
These are what you typically might hear on various forums or even during gatherings with friends and family.
And probably what countless people have repeated during each recession.
It may seem obvious in hindsight now, but when we last wrote about the possible effects of the pandemic on the property market in February 2020, we received some backlash on our views....