Landlords worry if May 1 rent checks will come.
| Southern California News Group |
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BUBBLE WATCH: 'Reopening' weeks away?
BY JONATHAN LANSNER |
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| "Bubble Watch" is your weekly guide to what's frightening, and what isn't, in local real estate and the region's economy. Basically, "Bubble or not?" | | | If real estate is Jobs! Jobs! Jobs! ... what's the chart above say about local housing's future?
And you can read more about CSUF's forecast, including the school economists' guesses at housing prices HERE!
Or you could worry about ...
VIRUS IMPACT: REAL ESTATE | SoCal home prices hit another record high. But March data doesn't reflect virus impact. READ MORE |
May 1 rent payments come soon. And landlords are sweating about who'll pay. READ MORE |
What will happen to delayed mortgage payments? Some fear another foreclosure crisis. READ MORE |
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| VIRUS IMPACT: BROADLY SPEAKING | California consumers get skittish quick. April sees largest drop ever in one shopper optimism index. READ MORE |
US business output plummets 4.8% in first quarter. And the outlook for GDP performance is grim. READ MORE |
LA, Long Beach ports in limbo. Virus leaves questions about shipping's future. READ MORE |
| | AND SOME BETTER NEWS! | Gov. Newsom announced economic reopening plans. It's weeks, not months, from starting, he says. READ MORE |
Mall giant will reopen 49 centers. But none of its California malls are on Simon's list. READ MORE |
Fed sees no quick end to its near 0% rates. Chairman Powell: “We will use our powers forcefully, proactively, and aggressively." READ MORE |
| | How bubbly? |
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| High: GDP down 4.8%. Next quarter will be worse! |
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| Lots: Who can make their May 1 rent payment? |
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| Some: California optimism sinks to 6-year low. |
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| Small: California could start "reopening" in weeks. |
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| None: Mall giant Simon starts reopening malls. |
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