During SARS in 2003, average per square foot prices trended upwards from March - July 2003.
When the dust settled, it raised further upwards in August/Sept before the Iraq War / Oil Crisis fears started dampening market sentiments.
One of the greatest awareness one can have is our propensity for negativity bias - The human mind has a natural tendency to focus on the now & magnify bad news.
In a few months, when the panic stage is over; what do you think is likely to happen to property prices?
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