COVID-19 Real Estate Investments
Although people are quick to compare the 2008 global financial crisis – that originated in the property market – to the current COVID-19 downturn, experts have come to the consensus that the housing market will not be impacted the same way. In this case, short-term pain means undervalued assets, which in turn will produce long-term gains. So then, is COVID-19 a great opportunity to buy an investment property? Absolutely. Now is the time to invest. However, in order to do so successfully, one will need a well thought out plan, critical thinking skills, a healthy degree of liquidity, and a decent comprehension of the highest return market.