Mottek On Money Special Edition (Tuesday, May 19th, 2020)

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Special report on the coronavirus impact on Southern California real estate. Home sales plunge in April during the coronavirus lockdowns. Prices tick higher. The outlook on home sales, prices, rent, the mortgage business, affordable housing ideas including co-living apartments discussed with guests: Dr. Frank Nothaft, Chief Economist, Corelogic, Jeff Lazerson, President, MortgageGrader and Orange County Register Columnist, Richard Loring, multifamily housing developer, Director of Design and Construction, Domos Rossmore in Los Angeles. The Dow closes down nearly 400 points as questions are raised about early results reported on an experimental coronavirus vaccine being developed by Moderna.