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https://www.express.co.uk/news/science/1715938/covid-variant-xbb1-5-omicron-us-cases
Thanks ad4you, testing is just going to lead to the inevitable, it'll find its way some how throughout the globe. However, if death rate increases then people won't travel as much and will do their shopping online imho
yes thats correct,
but they still have to work out of home for most. and still like to mingle,family/freinds.
gla
Most are home working anyway, hence why London housing market has seen one of the biggest drops as people move away from main cities. According to recent stats, 50 shops closing per day also indicates move to online and plus if covid starts rising, could increase traffic online maybe imho
i agree aim, to a certain degree, but, we are human not moles or pit ponys.
gla
"Most are home working anyway,"
?..the laptop class are able to work from home....but your working class (shop workers/ delivery drivers/construction/ medical staff except GPs?/education etc) don't have that luxury
if prices are dropping it is more likely as a result of interest rates and the state of london these days
London is an exception when it comes to the potential effect of home-working on house prices, there is going to be an exodus in zone 2/3/4/5 now office workers no longer need to go into the office 5 days a week and can choose to live in Buckinghamshire, or Cambridge, Winchester or Brighton instead of Croydon, Tottenham, Bow.
CS, the working class have been largely driven out of London and have far less sway on property prices. Your shop keepers, delivery drivers etc may work in London but if they live there they almost certainly are renting a room in a large HMO and won't be London property owners.
harchris - i would suspect the biggest driver of an exodus from london is due to the sate...young families don't want kids going to school there....people getting older wanting a safer environment.
these are the reasons that i personally know for people leaving....of course if they can work from home this enables it to be more seamless.
"but if they live there they almost certainly are renting a room in a large HMO and won't be London property owners."
i would still say they affect property prices. firstly demand for landlords (btl) to rent property and secondly a pool of people ready to buy if prices become at all affordable.
People have been saying the same thing about London for years yet the demand for housing kept increasing and the wealthy and successful continue to live there. I know personally five people/couples that have moved out of London since the pandemic almost solely due to being able to work from home whilst I know nobody that's moved there since. Tiny sample but extrapolate that out and you could find a considerable fall in demand for housing over time and then of course interest rates are going to have a huge impact too, especially so in a city that has been a hot spot for property speculation.
Anyway this is probably not the place to be discussing this so I'll leave it there, last thing I want to do is spam the bb with irrelevant chat as novacyt heads towards 50% gains for the day!
Fair enough harchris...let's just enjoy the rise in sp. I still don't know what it is about or how legit...but am certainly much happier looking at my portfolio!
Down we go...!!
we are not down at all. we are growing slowly. covid is back. unfortunately.
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