am i the only one who thinks tool prices will come down by perhaps 10- 15%

[big-all]

sad as it is i think to get things moving there will be some fantastic offers perhaps 10-15% less ??
now i am lucky as i have retired and have money to spare i need no new toys but have money burning a hole in my pocket
to be honest pensioners have been shielded from the real world off recession for perhaps 10 years with the triple lock where others struggle we get the best deal from inflation wages or rpi taking the best percentage [4% this year] as an increase
any way the point is they will throw offers at us to to get things moving

[Rorschach]

I think the opposite, much higher prices for all goods.

[dewaltdisney]

It will all be down to supply and demand. A lot of factories have been shut down so sales are governed by existing stock. As there is no chance of stock being replaced the prices will not be discounted and in some areas may increase. When you have a new stock shipment coming in and you need shelf space you discount existing stock to shift it. I do not see any special offers and deals for some time to come. This is true of cars, there are no big offers being made to get metal shifted, there is no stock available once showroom vehicles are sold. I notice that Tesco are not offering the usual BOGOF deals for the same reason. It is all strange times.

DWD

[big-all]

there will be some who need a specific tool so must buy
there will be many others that are are now skint so put off work for a few years
there will be many trades that are so short off work that only essential spending will happen
factories will throttle back and pass discount bulk buys to the chosen good retailers to keep things moving
they will pass the discount on to get the business
any way time will tell

[Chippo1]

Difficult to predict anything yet in my opinion, houses prices will be tricky to, maybe lots of work where people stay and have things done instead

[OchAye]

Add to the above if the pound slides against other currencies expect higher prices. So far, I have see all prices of things I buy go up apart from petrol.

[Rorschach]

Difficult to predict anything yet in my opinion, houses prices will be tricky to, maybe lots of work where people stay and have things done instead

Yep, while I have my predictions things could yet change. This is not the end, it is not the beginning of the end, but it might just be the end of the beginning!

As for house prices, this is what I think will happen, be interesting to look back in a year or two:

Prices in London will drop, prices in the commuter belt will drop. Prices for small houses/flats will drop. Prices for medium larger sized houses will go up, prices for houses in nice areas to live outside of London will go up. Demand for 3 bedroom houses with gardens will skyrocket. Demand for good internet will go up and drive up house prices in those areas. People will move out of the cities.

Some of this will be down to deaths making more stock available, some it will be from changing lifestyle habits.

My own personal situation will be worse, the kind of house I am looking to buy will be harder to find and more expensive for me now unless I stay in the city.

[Bob225]

Prices will go up as companies start to pull out of China and move back to other country's

House prices will change with market demand, I can't see much happening this year, the first-time buyers with have to come up with larger deposits, as lenders will be wary due to peoples employment and the potential that there is a second outbreak

If lockdown isn't released correctly it will tank the economy plunging us into another recession, interest rates will rise

[Dave54]

Add to the above if the pound slides against other currencies expect higher prices. So far, I have see all prices of things I buy go up apart from petrol.

Yes I reckon it'll be more about what the pound's worth than anything else.
And I reckon that the bubble of cheap stuff in general was going to end sometime anyway. Before all this.