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It took three years for the Great Depression to settle in. This time I'll be shocked if it takes six months.
After all the businesses are destroyed by looting, and mass house arrest, you are going to see real estate prices take a massive dive.
A 0.5% decline in average real estate value is what cause the 2008 collapse. You are going to see 50-90% devaluations, especially in ruined city areas.
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[–] BjornIronside 0 points 1 point 1 point (+1|-0) ago
It took three years for the Great Depression to settle in. This time I'll be shocked if it takes six months.
After all the businesses are destroyed by looting, and mass house arrest, you are going to see real estate prices take a massive dive.
A 0.5% decline in average real estate value is what cause the 2008 collapse. You are going to see 50-90% devaluations, especially in ruined city areas.