Real estate, thriving industry amidst the pandemic


We all have been through a lot of experience these past few years. A major life-changing situation, pandemic, and some disasters. Until now, people are having a hard time getting back to their feet and continue to live in this not-so normal situation.

As things have been difficult to deal with already and we still have the virus to consider, we should contemplate making stable and planned decisions that could help us achieve financial breakthrough.

The real estate industry was extremely affected when the pandemic emerged last year, but even through these drawbacks, 2021 promises a year of chances and prosperity.

A report featured by the Manila Times, suggest that this is the time to invest in real estate. Global real estate services firm, Cushman and Wakefield, guaranteed that in spite of slow economic recovery that is expected because of pandemic, development of business with the resumption of national infrastructure projects happening this year, would encourage real estate market from buyers and sellers.

While the world is now thinking that the worst is now over with the COVID-19 pandemic, we are now seeing gradual development with the dispensation of efficient and safe vaccines in the Philippines and most progressively around the world.

In a recent news in the Philippine Daily Inquirer, even with the persisting pandemic, growth of office and residential space sector are inevitable. Lobien Realty Group noted that with the changes in the market’s requirements, investors opt for high-quality properties. Demands for condominiums located in the business districts surrounded by mixed-use developments are rapidly increasing.

With a lot of forecast from great investors and real estate firms, this should be the sign to start seeing and studying available lots and properties for investment. Begin with prospecting based on the bracket of your income, studying methods on applying for loans, and checking how much to pay monthly in a certain number of years or months. The internet has a very large resource like the Mortgage Calculator that could help you plan out everything in the right way.

As the world has been shaken by fastidious changes, challenges, and worries. The rise of new opportunities towards the business and real estate sector could be our hope in bringing us opportunity to maneuver ourselves in the middle of pandemic.

 


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Gabriel

Introvert, wanderer, blogger, foodie, a hip-hop music writer, and one of the co-founders of a tech start-up company called GigsManila.