Bitcoin
$48,055.14-0.51%
Ethereum
$3,569.19-2.20%
XRP
$1.10-1.31%
Cardano
$2.43-2.05%
Polkadot
$36.78+2.38%
Stellar
$0.332440-1.72%
Dogecoin
$0.257713+4.48%
Chainlink
$29.93-5.66%
Uniswap
$25.85-4.61%
Polygon
$1.38-4.80%
Litecoin
$186.71-2.33%
Bitcoin Cash
$641.93-0.11%
Algorand
$2.09+4.82%
Wrapped Bitcoin
$48,069.69-0.49%
Cosmos
$36.75+13.81%
Filecoin
$84.27-5.66%
The Graph
$0.854335-3.86%
Tron
$0.119590+3.08%
Ethereum Classic
$58.30-1.23%
Aave
$385.91-5.15%
Tezos
$6.74-0.83%
NEO
$51.04-2.46%
EOS
$5.07-0.07%
Monero
$267.41-1.03%
IOTA
$1.52-4.39%
BitTorrent
$0.004074-0.42%
Waves
$30.41-5.88%
Bitcoin SV
$157.96+0.38%
Maker
$2,913.18-7.17%
Dash
$207.21-3.62%
Decred
$146.61+2.17%
Decentraland
$0.848885-2.10%
ICON
$2.00-3.48%
NEM
$0.189354+0.98%
Zcash
$139.49-2.12%
Qtum
$12.77-0.41%
NuCypher
$0.334453-2.77%
Yearn Finance
$34,741.59-5.04%
Bitcoin Gold
$67.14-3.10%
OmiseGO
$8.65-2.73%
Basic Attention Token
$0.774986-2.05%
0x
$1.12-2.56%
Fetch.ai
$0.914666-1.82%
Paxos Standard
$1.00+0.06%
Ren
$1.03-9.68%
Bancor
$4.19-3.64%
Band Protocol
$9.71-1.04%
Siacoin
$0.018814-2.53%
Kava.io
$6.31-1.50%
Nano
$5.67-3.31%
Loopring
$0.470239-4.97%
Storj
$1.41-1.78%
Civic
$0.528439+1.19%
Lisk
$3.64-4.14%
Numeraire
$44.29-2.23%
Orchid
$0.377324-2.37%
PAX Gold
$1,770.80-1.53%
Augur
$26.44-0.76%
Aragon
$5.00-5.54%
Enzyme
$117.18-8.83%
district0x
$0.177733-5.85%
Kyber Network
$1.97+4.56%
SingularDTV
$0.001254-5.01%
Tether
$1.00-0.01%
USD Coin
$0.999892-0.01%
Dai
$1.00-0.02%

Surveying the Carnage: How Real Estate, Travel and Music Are Faring During the Crisis

One hundred million jobs lost and $2.7 trillion in GDP evaporates. NLW looks at the impact of the COVID-19 crisis on key industries.

May 6, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 8:37 a.m. UTC

One hundred million jobs lost and $2.7 trillion in GDP evaporates. Shutdowns lasting 18 to 24 months. NLW looks at the impact of the COVID-19 crisis on key industries.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

The second-order effects of the COVID-19 crisis are here, and they’re painful. In this episode of The Breakdown, NLW looks at how COVID-19 is impacting three industries:

Travel and tourism:

  • 100 million in lost jobs expected globally 
  • $2.7 trillion in lost GDP 
  • Airbnb lays of 25% of employees 

Music and concerts:

  • From a record $12.2 billion concert year to a loss of $9 billion
  • Expectations there will be no concerts for up to two years
  • The industry organizing to be included in relief 

Real estate:

  • Commercial real estate expecting 2.5% default rate for the next five-plus years 
  • Negotiations around sales-based payment instead of traditional rent 
  • Residential real estate may have cratering demand but home prices remain up year over year

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...