Summary: The Federal government is pumping trillions of dollars into the U.S. economy to offset damage from the coronavirus pandemic. But, as businesses remain closed and much of the U.S. workforce unemployed, we will likely see some amount of damage, including the sale of distressed properties. While that’s never a good thing for the seller, it creates a potential buying opportunity for the real estate investor. The Wall Street Journal reports that a number of institutional investors are sitting on piles of cash.
