Covid-19 & Real Estate.

[Richard92]

It is understandable that covid 19 will affects real estate investment as a result of the lockdown. Most businesses were paralyzed during the pandemic which resulted in loss of jobs and source of income which in turn reduced the numbers of sales recorded by real estate developers or agents.

Covid19 has really affected real estate business because people no longer have enough finance to acquire real estate property due to the pandemic that has affected their businesses.

 

[Ralphjoe]

With the COVID pandemic, in effect real estate activities were paralyzed, but for a very short period, at least in my country. Since many activities continued to flow naturally in the morning schedule. At this point after time we are in a 7x7 restriction, a week of flexibility and a restriction, therefore, we have a week to carry out real estate operations in morning hours.

In my country the real estate business is flowing normally because we are no longer in lockdown and so we are almost living a normal life right here so the real estate section is flourishing right now.

 

[Sariana23]

In my country the real estate business is flowing normally because we are no longer in lockdown and so we are almost living a normal life right here so the real estate section is flourishing right now.

I am delighted to hear that in your country, everything is flowing smoothly. As I described we are still in restriction in my country however it has not limited the real estate business, it is not done at any time but it continues which is the most important thing.

 

[Dowenship]

Glad that I moved home to home about six months before the world got hit by the greatest covid19 we had so far. The market has been very interesting for a discussion to say here. When UK had there first locked down everything stopped sales on hold, ranting going crazy, homes that going through the progress of being sold been delayed and stopped. Seems fine when things got back to normal and yet after three months the market has picked up so high depemanding since people wanted to move out of bigger locations to move to smaller communities.

It's been hard at times for independent real estates. What' your thoughts and if you work as an agent like to hear more with the outcome that has affected.

Hmm..... The effect of covid 19 regarding housing was not good enough.. Bevause most business concerning housing and real estating stopped.

 

[Setho]

The real estate industry is one that was badly affected by the pandemic too. Especially areas like construction as many people were forced to make other things priorities.

 

[Patrik]

Covid had surely a very huge negative impact on the real estate domain, people gave priority to other 'more important' things than renting or buying homes

 

[Chibson]

The cove is 19 pandemic affected a lot businesses including real estate business. During that time a lot of people we are not able to invest money because of the lockdown.

 

[Sariana23]

The real estate industry is one that was badly affected by the pandemic too. Especially areas like construction as many people were forced to make other things priorities.

You are right, people did manage to generate income in different ways and stopped construction. However, in my country, in spite of this stoppage, it did not affect the purchase and sale of homes, nor rents.

 

[Richard92]

You are right, people did manage to generate income in different ways and stopped construction. However, in my country, in spite of this stoppage, it did not affect the purchase and sale of homes, nor rents.

Convert 19 as affected to market under the price of real estate buildings because the people do not have enough money at the patronize real estate building with these real estate investors have to reduce their cost

 

[Sariana23]

Convert 19 as affected to market under the price of real estate buildings because the people do not have enough money at the patronize real estate building with these real estate investors have to reduce their cost

However, I do not believe that the owners will lower their prices, since they will not lose on their investment. But if agreements can be reached with the governmental entities, where they contribute an amount to the owners and the clients the other.

 

[Kunkun]

The pandemic came at us unprepared for and this lots of sectors were affected and real estate too but to a little extent because despite covid real estate business still seems to be doing well

 

[Bousine123]

Although the pandemic affected real estate business alot, we are all glad that things are going back to normal. Now the market is booming.

 

[Yusuf]

I really think the real estate sector can not have a massive hit in the rise of covid-19 pandemic like that of the hotel sector and the airline sector. So whatever you are facing in the real estate business is minimal to others

 

[Nurudeen]

Covid-19 has really affected a lots of sectors and economy and real estate is not an exception in this. However, I really think the best way to go past this is just to allow the wave to go down

 

[Senator]

Real estate agent are not the only ones affected by the covid-19 pandemic lockdown. Every offline major businesses running at that point and time suffered a lot of setbacks as well

 

[Toyoabasi]

Glad that I moved home to home about six months before the world got hit by the greatest covid19 we had so far. The market has been very interesting for a discussion to say here. When UK had there first locked down everything stopped sales on hold, ranting going crazy, homes that going through the progress of being sold been delayed and stopped. Seems fine when things got back to normal and yet after three months the market has picked up so high depemanding since people wanted to move out of bigger locations to move to smaller communities.

It's been hard at times for independent real estates. What' your thoughts and if you work as an agent like to hear more with the outcome that has affected.

The pandemic was a big hit even to the real estate business. Many property owners were unable to sell their properties at their intended rates because of how the economy was at that time. Even house owners couldn't get paid by tenants.

 

[eLdavis]

Here in my location, the COVID only caused a delay in the real estate sector, all the projects going on had to stop because of the lockdown, but I know of a real estate company that was still carrying out sales and handling transaction even during the lockdown, they did it all online.

 

[Kubiat-Abasi]

Apparently, during the covid-19 pandemic, real estate businesses faced both a decline and inflation because in my setting getting a house during that time was almost impossible and the prices of both landed properties and house rent were just so exorbitant because most landowners and even agents were leveraging on the economic unrest.

 

[Mayox25]

Covid 19 pandemic affected all businesses including real estate. Since the purchasing power of so many people suffered big decline it in turn affected the real estate business.

 

[Justin]

The real estate market went into standstill during the lockdown, however, once the lockdowns were over, the market boomed. People are still buying properties because banks are giving a lot of good offers.