Overseas property market expects a sharp rise after the end of the coronacrisis
Participants in the latest EuropaProperty online investment discussion agreed that a sharp rise in the overseas property market after the outbreak of coronavirus (Covid-19) is very likely, and are preparing to take full advantage of this advantage when the markets return to some semblance of normality.Speaking about the probable prospect of a complete recession after the crisis, it is clear that each country will suffer to a greater or lesser extent. No one can say how fast recovery will happen. On the example of China, we can conclude that the economy is recovering quite quickly after quarantine has been lifted.
Isolation and a pandemic will not last forever, perhaps another month, 3, 6 or 9. But after the crisis, in any case, there will be an urgent need for new construction and investment. The jump in the real estate market will be very sharp, the only question is when exactly will it happen.
Therefore, it is important to prepare for this moment and use this advantage. Recovery will be really quick if the crisis does not drag on for long. EuropaProperty experts predict that such a rise will definitely come at the end of this year, and 2021 will again be effective.
Undoubtedly, there will be a shift of assets, in view of the fact that each class of assets during this time will be affected differently. There is great uncertainty in the investment market; now there is no great hope for this sector.
The residential sector is more resistant to recession than other asset classes. We just need to monitor pricing and consider the profitability of risk adjustment. Owners of shopping centers have huge problems.
Professionals predict a decrease in the volume of new construction due to the indecision of banks to finance at first, and this is good news for new buildings and projects under construction.
Published: April 15, 2020