The Impact of the Coronavirus on Real Estate

As the coronavirus continues to keep people in their homes, businesses all around the world are facing inactivity and consequential shutdowns. With economic activity collapsing on most fronts, the real estate sector has started to see it’s a fair share. The novel coronavirus was declared a pandemic in early March by the World health organization. And while initially, the crisis had only seemed a healthcare scare, it later turned economic at an alarming pace. To curtail the spread of COVID 19, governments across the world issued stay-at-home orders for citizens, and some even locked down entire regions. With people staying…