For Laurelhurst, the 1918 pandemic was the cherry on the cake of the real estate slump that started with the First World War in 1914. Newspapers of the time show an increasing drumbeat of distress sales and foreclosures, and Laurelhurst lot prices dropped substantially from the heady prices of just a couple years previous.
In time, the slump passed, and with the 1920s, activity in the still-young Laurelhurst neighborhood was bustling again. In this article you can see how house building in Laurelhurst came to a near standstill in 1918/19, then soared to new heights by 1923.
Our current pandemic, and all that comes with it, will pass as well. Laurelhurst came through just fine in 1918, as you will today.