What awaits real estate landscape in post-Covid era

There will be a run for any affordable residential houses, be they one-off purchases or mortgage. FILE PHOTO | NMG

It’s evident that the real estate sector will change during and post-Covid19. In many ways! Comparing notes lately, a colleague for instance mentioned how he has been trying to move his stock of property.

He even offered generous price concessions. But no one jumped at it, he mentioned. I advised that markets behave so in uncertain environments. Most prospective buyers focus on sheer survival hoping that their cash reserves will last the period.

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Note: The results are not exact but very close to the actual.