Because of the healthy economy shutdown and mass quarantine of even the healthy and well, people say that now is the time to take a home loan to buy a house.
But with joblessness or unemployment I think people would rather save their covid stimulus paychecks to buy food to feed their families. Instead of risking their money for down payment to borrow mortgage money from a bank, not even sure if they can afford to pay monthly repayments.
Stretch out their last $1000 a bit longer til they get back to work?