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Is real estate still a safe haven?


OUR ADVICE - Fear of a deep economic recession has taken a toll on investor morale. But investing in stone remains a safe bet, despite everything.

The times have changed.

At the start of the year, the economic situation was in good shape and the real estate market was flying from record to record.

Historically low credit rates allowed households and investors to become homeowners at a lower cost.

Thus, the latter bought en masse and contributed to the dynamism of the sector.

But the coronavirus crisis marked a halt to the general euphoria.

The resumption of transactions, observed between the end of May and mid-July, was only due to a “catching-up” effect.

It also stopped abruptly and the market rocked in the middle of the summer.

Since the start of the September school year,

"many buyers have put themselves in a waiting position or have postponed their projects, wondering how their personal situation and the real estate market will develop"

, notes Franck Béasse, director of Century 21 in Issy-les-Moulineaux.

Read also:

Reconfinement: will the real estate market recover?

The uncertain future of the real estate market

Three reasons explain this wait-and-see policy.

First, individuals who are betting on a revaluation of

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Source: lefigaro

All business articles on 2020-10-30

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