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Opinions are divided, although there must be decreases according to logic. Not now, not soon, but in the long run for sure. Currently, developers are still finishing their investments, and people are buying with credits obtained before the virus, but the greatest consequences of the pandemic are yet to come. Lots of people lost their jobs, the market was filled with unemployed people, and many employers renegotiated conditions for less favorable employees. Banks will also be more careful in lending. Demand must decrease, and so must prices. There are also fewer landlords, so those who have bought apartments for investment purposes may in extreme cases be forced to sell them to get their money back. As with any crisis, those who have the cash win.
Opinions are divided, although there must be decreases according to logic. Not now, not soon, but in the long run for sure. Currently, developers are still finishing their investments, and people are buying with credits obtained before the virus, but the greatest consequences of the pandemic are yet to come. Lots of people lost their jobs, the market was filled with unemployed people, and many employers renegotiated conditions for less favorable employees. Banks will also be more careful in lending. Demand must decrease, and so must prices. There are also fewer landlords, so those who have bought apartments for investment purposes may in extreme cases be forced to sell them to get their money back. As with any crisis, those who have the cash win.
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