The Fed: U.S. economy will not bounce back until 2022.

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There is a lot of disinformation on the net claiming Covid-19 will only be a minor setback and the job losses are temporary. These so economic "analysts" are basing their opinion not based on facts. Social distancing and half lock down cities will become the norm until a vaccine is out. Which means nothing is returning to normal until mid next year the earliest.

In that time frame we will continue to see a huge job loss not just in retail workers, but small business owners. Small businesses make up 44% of the US economy.

The Fed has come out and stated the Economy will not be back to pre-paramedic levels until 2022. The fed is rarely the bearer of bad news, which means there is a possibility it may take longer for a full economic recovery.

How does this affect the real estate prices? It's hard to say because The Fed has infinite capital and their decisions will dictate the real estate market. What I do know is the federal reserve wants inflation to keep the GDP growth which would include the real estate market.

https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/

https://www.oanow.com/news/national/fed-survey-u-s-economy-will-not-bounce-back-until-2022/video_b2579824-e4ce-50cc-b555-e8b0c010ef43.html

https://www.cnbc.com/2020/04/28/cnbc-fed-survey-the-us-will-need-to-spend-trillions-more-as-economy-takes-until-2022-to-fully-recover.html