There is "a lot of opportunity" for investors to take advantage of distressed real estate assets, according to one of London's prime property investors.
Investing opportunities are available across the globe, said Balashev, noting an uptick in interest from investors in Asia. Thomas Balashev, founder and CEO of Montague Real Estate, said real estate has been unduly hammered during the downturn, creating opportunities for buyers to make gains as the economy recovers.
🎵give me shelter
And as Evictions make voids
That “opportunity” comes at the expense of families evicted from their homes, small businesses closed & bankrupted from shutdown.. Such real estate “opportunity” comes from other’s loss & COVID despair
True... But there’s always a lot of opportunity somewhere... But remember, “The devil is in the details.”
Translation: “I’m overweight in an underperforming and illiquid asset class. Please prop up my valuations.”
Dec. 15th 2020: As of today, we received $4.55/day to get through this pandemic. That's 455 pennies per day.