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Covid-19 unlikely to derail residential property market in the long term

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On Sunday night, President Cyril Ramaphosa addressed the nation about the Covid-19 coronavirus, declaring the outbreak a national disaster in terms of the Disaster Management Act. He assured us that all necessary measures and systems would be put in

On Sunday night, President Cyril Ramaphosa addressed the nation about the Covid-19 coronavirus, declaring the outbreak a national disaster in terms of the Disaster Management Act.

Earlier this month, US news outlet CNBC reported that residential real estate in North America appeared to offer investors the calm they were looking for in the coronavirus storm. What’s more, property is an asset class with supreme resilience and a unique ability to “bounce back” as market conditions improve.

 

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