I heard the banks stopped giving mortgages because they don’t know what these houses will be worth later on. A lot of tax break, “make work” Transit Oriented Developments 3 and 4 story, built on cheap industrial land right near rail tracks.
Also car dealers are stuffed with new/used cars. Many people dumping off their leased vehicles. Before the virus there was news about population dropping. Lots of empty shelves in the super market. I think a lot of people might enjoy not working for a change.