The Lasting Impact of Covid-19 on the Property Market.
The Lasting Impact of Covid-19 on the Property Market.
The Covid-19 pandemic has brought unprecedented change to the lives of everyone across the globe. From spending the best part of 18 months indoors, to restricted socialising and a general limited way of living, the pandemic has impacted us in extreme and various ways. In amongst the disastrous outcome of the pandemic (countless deaths, border closure, economic turmoil and political upheaval), there has been crisis on a smaller yet unimaginable scale. The significant loss throughout financial markets occurred due to lows in consumer sentiment, and due to the stay-at-home restrictions, business closures and financial hardship, the property market began to suffer.