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Follow on Google News | Real Estate Investment Outlook June 2020Why was the real estate industry blind-sided by the coronavirus and how will we know when it will end?
Thus, we are seeing the first-ever recession by government decree – a necessary, temporary, and partial shutdown of our economy to prevent an even larger humanitarian crisis which is having a devastating effect on real estate investments. Given the rapid and large economic and fiscal policy response and in the absence of major imbalances that would require a prolonged period of purging and modification, we expect the real estate investment markets to transition from intense near-term anguish during the virus suppression phase to a gradual healing over six to 12 months End
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