There is a bubble in housing at the higher end where people who previously paid for e.g. childcare and had two incomes now have an extra $1200-$4000 or more per

There is a bubble in housing at the higher end where people who previously paid for e.g. childcare and had two incomes now have an extra $1200-$4000 or more per month. They are buying. There is a crush in employment at the lower end where people literally cannot afford their rent, and many have not paid rent since nearly a year ago but cannot be evicted. There is simultaneously a very different feel in many urban areas with nightlife nonexistent and no reason for most people to be there. It is a short-term (probably) devaluing of urban environments plus a growing income disparity appearing in the housing market. I think the reopening will be very hard on housing and the stock market as childcare, going out, travel, etc draw down on bank accounts on the high end and people start to try to lock in their gains.