ad

Coronavirus impact on real estate

M

markopovic

New Member
Dear all, I am conducting a survey among real estate professionals about the Covid-19 impact on the real estate industry. As part of my MSc studies I want to investigate global market comparisons of the impact on property values and rents. I am looking forward to your participation and appreciate if you share this survey with other real estate professionals.


Kindest
Marko
 
L

Lamar

New Member
I have the same question. How will the pandemic effect real estate prices? I don't see much change so far. Will there be no effect? Will there be a delayed effect? If prices go down, does anyone have an educated guess about how much?
 
Last edited:
NewOrleansHomeBuyer

NewOrleansHomeBuyer

New Orleans Property Investor
Thats a good study to do. I couldn't see the actual survey, were you meaning to share it with us or just tell us you are working on it
 
E

Ethan Sanders

New Member
Also, I wonder what you guys think about investment during COVID? Should people continue investing in real estate or not, or maybe to invest in other ways? And what if someone wants to invest but is scared of risks related to coronavirus? I think that some people can consider cheaper ways of investments. I've read an article today morning where are different investment strategies listed like stocks, forex, cryptocurrency, gold, and real estate too. But also I want to know your thoughts on this problem. For example, I know that some crowdfunding platforms allow investing just 1000 euros (like realtybundles I know) that is much less than classical real estate investments. Please, share your mind on this topic.
 
K

KeithR

New Member
I guess that depends on your area of the market and strategy Ethan.

If you are a portfolio investor in BTL and in for the long term, any dip in the market won't have a great effect.

If you are buying to update and flip, a downturn could evaporate you profit margin.
 
L

Lamar

New Member
Hi, Marko: I was thinking about your project when a couple days ago, I saw a segment of the PBS News Hour devoted to urban commercial real estate during the pandemic. Here's the link: pbs.org/newshour/show/american-skyscrapers-face-an-uncertain-future-amid-coronavirus

On another note, I'd like to answer KeithR's question about one's reason for purchasing real estate during Covid-19. I'd be buying real estate, not to flip or sell, but as a retirement property. It will be in either the San Francisco or Barcelona markets, somewhere in town rather than in the suburbs. So I guess the question for me would be: does anyone have any educated guesses about what will be happening to urban residential real estate in the next few months?
 
kevin_bratch

kevin_bratch

New Member
Coronavirus will lead to a recession. Recession is a problem because most of the investors and companies do not know how to deal with it. The big recession that every economist expected to enter sooner or later will not worry any after reading good books on investment. Investing in the market when it is unstable would sound scary to many. However, some investors do well in such a situation by changing their investment strategies.
 
alisonduffy

alisonduffy

New Member
There is no doubt that COVID 19 has completely changed the economy of the world in 2020. The people who are involving in the real estate business, having sadness on their faces. There may be few reasons like Rate Cuts, price fluctuations, Reduced Asset Prices, falling property demand, and shortage of money. There may be a big loss for property agents.
 
A

Abbie guo

New Member
I have the same question. How will the pandemic effect real estate prices? I don't see much change so far. Will there be no effect? Will there be a delayed effect? If prices go down, does anyone have an educated guess about how much?
I think the demands of buying houses do not disappear, they are just delayed.
 
D

diyhelp

Active Member
This may be a good starting point for your study. This website highlights the economic projections for the G-7 countries:-

 
F

FWL

Member
There is currently talk that the Bank of England is looking to move UK base rates into negative territory. This would suggest that perhaps the economy has tanked more than many people had assumed. At the moment everybody is guessing about the impact of the coronavirus in real estate as we move out of lockdown, and pent-up demand is satisfied, only then will we be able to see the real impact. There is a lot more to come!
 
D

diyhelp

Active Member
As the UK moves out of lockdown many people may wrongly assume the worst is over regarding the coronavirus pandemic. In many ways, the coming weeks will crystallise a realisation of tenant debt and the fact that landlords will need to "catch up" with the mortgage holiday payments. Reality is just about to hit home!
 
Top