Most Recessions It Takes 3 to 5 Years For The Airlines But Due to Covid It Could Be A 7 to 10 Year Run

Published: April 14, 2021, 4:46 p.m.

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Welcome to the Texas all state radio network with Mr Texas real estate Jason Bible and Mr California investor Robert or fino join us as Jason Robert talk about the hottest real estate markets in the country the entire state of Texas learn what Texas is such a great market to invest in and white could be strong for years to come get ready to talk all things Texas on your new home on the way to the office Texas real estate radio. There\'s no social distancing in beach towns. Why would there be. Drove by a couple of our properties yesterday and it was all packed right they\'re all packed yes nobody was it was funny because there were no cars there and so each the other all the beach and then by the time you\'re driving back like they\'re everybody\'s back right next to our house on ray\'s way they were having a hard tail I I\'ve never not our house not R. as party policy please we have a 0 with 0 part of a small get together now now. When it starts with get together the answer means merely no right we\'re gonna have an after party after winning no thank you not on it got to go to somebody else\'s Airbnb so the guy next door I don\'t think he Airbnb that property I think you just they just live their sure yeah but I\'ve never seen a there until this weekend well and I drove by I was like well. **** everything there\'s not lot next to a car lot was full of cars we like how the whole family there was always Hey there\'s a covert cluster right. Well there\'s a family with a pool in our neighborhood to same thing Saturday there\'s like 30 cars outside of like there it is there\'s your covert cluster is yeah it\'s not the bars and not going to the mall is that one right there I could tell you so anyway so driving around server side I mean it was it was crazy even lates Sunday afternoon it was just packed full of people good everywhere restaurants are. D. much book through August so we\'re. Good yeah that\'s great so that Airbnb thing turned out to be a pretty pretty good idea I don\'t know that\'s the hospitality business that we want to be in that business. Speaking of hospitality business I was sharing some data on at the last market update last week about Vegas. So Vegas in airline travel our our producer Rick here who has made it back alive corona free from you in Philly you don\'t notice right yeah the the generate yeah the other producers for the last 2 weeks she would run this. The opinions stated in this program are not the opinions of the station and Rick seems hello more faith in us. Graham there we go yes represent the views the Olympians she was running that intimate or ownership of this station I think Rick is dumping us during the most controversial sorry I meant I\'m saving this one. Delete delete. Airlines Vegas airlines of a ESO as everyone\'s finding out if you do any traveling right now there\'s nobody out there like nobody\'s right standing there a hobby like we\'re we\'re the Papa Gino\'s and hobby there\'s like 6 people there like where is everybody so it\'s I was hearing a bunch of airline analysts and in folks talking about Vegas in Miami. Airlines they\'re predicting. It\'s actually it\'s really hard for them to predict this because they said the changes in behavior are the hardest to model but they said course they said most recessions it takes 3 to 5 years for the airlines to come back in and they set out on top of this the fact that technology has gotten so good and behaviors change around webinars that sort of thing virtual meetings. It could be a 7 to 10 year run and we\'re talking about business travel for the right to write business travel and then of course Mrs how many people want to go to Vegas for a conference now me yeah I I\'d like to go still. You know they\'re talking about I know or would Galleria. For more information visit mrtxre.com (Copyright Mr. Texas Real Estate)

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