Bucorona good lately a lot of people ask me if this is a good time to invest in US real estate…
Bocorona is good ??
Lately, many have been asking me
If it's a good time to invest in US real estate
During the Corona crisis?
And how might this affect us?
So first and foremost!
You take care of yourself,
And make sure you stay healthy.
In this case, the main thing is health
It is a correct statement.
How will the Corona crisis affect us?
The Corona crisis is affecting everyone
Population strata. Once there
A directive from the government to close it all
Malls, cafes, jobs,
And prohibits the gathering of more than 10 people.
It's pretty clear it's going to have an impact
On the economy and the economy.
Each country is driven by several growth paths.
For example:
Real Estate
- Capital Market
Small and large businesses
High-tech
Tourism
- and more ...
Once there is a closure and the state is driven
People's arrival
For factories,
membership,
For small businesses,
Coffee shops,
Malls,
And more ...
As a result to those companies / businesses
There is no money to pay their employees
Then there may be layoffs.
As a result of those laid off
There will be no money to pay for the needs
Their basics like:
Food, rent / mortgage, and more…
And how does this affect the real estate market exactly?
If people don't have money to buy from a writer,
Obviously, they won't have the money to pay either
Their mortgage.
What happens to people not paying a mortgage?
The bank will forfeit their assets,
But they will still have to live somewhere.
And what will happen to those evacuated from the houses
Their privacy?
They will move into rental apartments.
And rent units in the buildings.
Will rent multi-family units -
Multi Family
And how does that help us as investors?
That's exactly what we do,
For our investors.
Anyone who has purchased or intends to purchase
Building or being in a group that is part of
From investing in the building probably
He would benefit from the situation.
Because there will be greater demand
For renting apartments over private homes,
Because renting an apartment
Probably cheaper than renting
private house.
So to the question whether it is worthwhile
Invest in real estate during the Corona period?
In my opinion yes, invest in multimillion.
And most importantly, stay healthy ??
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