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Housing Market 2020: Winners And Losers (And A Few Surprises)


Channel3000.com
December 18, 2020 2:18 PM
Natalie Campisi - Forbes Advisor
Posted:
Updated:
Even in dark economic and psychologically trying times, some beacons of light reveal themselves.
During the Great Depression, it was the film industry. From 1929 to 1933, “talkies” attracted about 73 million moviegoers per week to theaters nationwide, according to a report from Richard Butsch, professor of sociology, American studies and film and media studies at Rider University in New Jersey. The height of attendance was in 1930 when 90 million people flocked to theaters every week, escaping their troubles via the silver screen.
Fast forward nine decades to 2020. Amid a global pandemic that has claimed more than a million lives worldwide, put millions of Americans out of work, forced businesses to close permanently and shocked the travel and hospitality industries, one of these beacons has been the housing market. ....

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