With level 1 restrictions being introduced, we are hoping some of the economic devastation of hard lockdown will be overcome.
It has been an incredibly difficult journey since our lives changed on March 27. Now no one quite knows what to expect – can we, for instance, possibly hope to see a good holiday season as our borders and airports reopen for international tourism?
Only time will tell how the reopening of more of our economy will affect these hard-hit industries.
People in the building industry say they are working flat out 24/7 to catch up for the period they were locked down.
Some smaller developers have been flattened and have not been able to rise again, selling off prime land at good prices to the bigger players, who were able to stay afloat. Despite all this, people still need a roof over their heads.
And the latest FNB barometer, which shows an upward trend in home buying, bodes well for the industry. People still need to rent, buy and sell their homes.
In other words – life goes on! Unbelievably.
However, it will probably be only in months to come – maybe even years – that we will get a better idea of how the buying, selling and renting game has been affected and how we, as a nation, have been affected by strategies to combat the pandemic.
I hope by next year we’ll have a happier story to tell.