Covid-19 has smashed stocks and risky bonds. It has sent the dollar and euro soaring, along with gold and bitcoin. But what about property — by far the most important financial asset for most people? Property isn’t priced like stocks, bonds, gold or bitcoin. Property is a face-to-face business. Every house and office is unique. It needs to be valued, inspected, and haggled over individually. In person.  That’s why the market for property hasn’t crashed so much as it has frozen.  There is no property market to speak of. In the commercial space there have been a few deals which…

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