pandemic economy prevention Coronavirus

Opinion | A corona-led shift in housing, in all shapes and sizes

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The currency of real estate is space -- space to live, work and socialise. The entire industry has been built on people's need for space.

Coronavirus has swept across the globe, turning the economy, lifestyle and the way people work upside down. Being described as nothing short of World War III, coronavirus is going to result in permanent changes to life as we know it.

Unlike other investment products like stock market or gold, real estate is not prone to knee-jerk reactions leading to spontaneous spot purchases or liquidation.

Success in real estate is a marathon, not a sprint and if social distancing is the key prevention for such pandemics, then real estate will hold the key to this.

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