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Month: December 2020

Housing Booms During the Covid Bust

Housing Booms During the Covid Bust

The Covid-19 lockdowns have had varying effects on different industries and sectors of the economy in 2020. While big box brick and mortar stores along with online retailers are thriving, small businesses have gone bankrupt and the oil and travel industries have dwindled to a halt. However, one sector that is doing surprisingly well is the housing industry in the UK. Yes, you read that correctly, the housing market. At the precise time the UK GDP plunged nearly 20%, the most…

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