Obviously there is going to be an effect on all financial matters - what is already occuring with the fall in the markets, etc. throughout the world. How it will effect the housing market is not clear, the drop in interest rates may help with freeing up more mortgage money for purchasers, but then people may just wish to 'sit this out'.
I watched the press conference held this evening by the PM and his health advisers, it was honest and not OTT.
I found it rather depressing, the first time I have had this feeling about this virus. I am not worried about catching it - despite my age and medical conditions - If I do, I do, and hopefully, I will be able to recover - but we all have to die sometime of something.
What really go to me was the time span - not likely to peak for another ten - fourteen weeks, at least No point in anyone who does not have any symptoms trying to isolate themselves from it - unless they think they are willing to stay in that isolation for the next several months!!
What upsets me about this long time span is the cancellation of so many social events, etc. I am far more concerned for my own mental health in these circumstances than I am of any virus.
How will small business's survive? - many will not, how will people on zero hours contracts manage to pay rent, buy food, etc.? what about those reliant on food banks etc to survive? Think the eventual death rate from so many of the poorer and less fortunate members of society is far going to exceed anything that the virus kills directly.
Must say, I have been quite deprhessed with this - feel so helpless and out of control. There is just no precedent for this.
One of my twin daughters telephoned me just to check how I was, and I told her how I was feeling and was so grateful for the chat which did help. Within ten minutes of putting the phone down on her, her twin telephoned me - she had been tipped off I was feeling a little low. Thanks to these two phone calls, I do feel much better now - but it is going to be a very strange Springtime this year.