Some research suggests a whole generation of potential homebuyers was scarred by the episode and remains on the sidelines. President Donald Trump, a Republican, is eager to put the coronavirus crisis behind and allow normal business and social activity to begin resuming as early as May. But short of a broadly deployed coronavirus vaccine or effective testing and treatment system, any reopening of the economy will likely be constrained, economists and business leaders agree. California Governor Gavin Newsom, a Democrat, has sketched out what reopening the nation's most populous state could look like. "We talk about what the new normal will look like; as I said, normal it will not be," Newsom said.

Source: bd News24 April 16, 2020 03:00 UTC