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Risk and Impact of the COVID19 Crisis on Real Estate
<?xml version="1.0" encoding="UTF-8"?> <article key="pdf/10013526" mdate="2024-02-23 00:00:00"> <author>Tahmina Akhter</author> <title>Risk and Impact of the COVID19 Crisis on Real Estate</title> <pages>128 - 132</pages> <year>2024</year> <volume>18</volume> <number>2</number> <journal>International Journal of Economics and Management Engineering</journal> <ee>https://publications.waset.org/pdf/10013526</ee> <url>https://publications.waset.org/vol/206</url> <publisher>World Academy of Science, Engineering and Technology</publisher> <abstract>In the present work, we make a study of the repercussions of the pandemic generated by COVID19 in the real estate market, this disease has affected almost all sectors of the economy across different countries in the world, including the real estate markets. This documentary research, basically focused on the years 2021 and 2022, as we seek to focus on the strongest time of the pandemic. We carried out the study trying to take into account the repercussions throughout the world and that is why the data we analyze take into account information from all possible continents. Particularly in the US, Europe and China, where the COVID19 impact has been of such proportions that it has fundamentally affected the housing market for middleclass housing. In addition, the pandemic has posed risks to investments in this market, due to the fact that companies in the sector have generated losses in certain cases; in the Chinese case, Evergrande, one of the largest companies in the sector, fell into default.</abstract> <index>Open Science Index 206, 2024</index> </article>