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Old 04-22-2020, 11:22 AM   #4387
twitchyzero
I WANT MY 10 YEARS BACK FROM RS.net!
 
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Join Date: Oct 2007
Location: Vancouver BC
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Quote:
Originally Posted by Tapioca View Post
Even though the numbers applying for assistance are high, the majority of the workforce remains employed, particularly middle and higher income earners. They are saving money in terms of commuting, childcare, and grooming costs and once a sense of normalcy returns, it will be these people who drive the economic recovery. In my enclave of the Lower Mainland, people are still supporting restaurants, breweries, and local businesses where they can. Real estate is still moving, particularly sub-1 million properties. There is pent up demand to eat in restaurants and buy homes. People are still online shopping - lots of good deals to be had in clothing and cosmetics right now if you know where to look. I'm still seeing UPS and FedEx trucks dropping stuff off in my neighbourhood on a daily basis.

People on RS don't seem to be too perturbed about the economy. People are still concerned about getting their car parts from the States and getting the lowest rates on their mortgage renewals. Spending a couple hundred dollars on N95 masks is no problem.

Sure, some businesses will probably never come back, but I'm sensing that most will come back in some shape or form.
your enclave/neighbourhood/this forum, is it representative of Vancouver area?
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