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Kevin Lefeuvre#3 Coronavirus Conversation Contributor
  • Los Angeles, CA
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What will be the impact of the Coronavirus crisis on real estate?

Kevin Lefeuvre#3 Coronavirus Conversation Contributor
  • Los Angeles, CA
Posted Mar 6 2020, 11:49

How will the actual crisis impact the real estate market in your opinion?

The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial markets and other businesses will be hit due to the problems in these sectors, regardless of the continuous outspread of the virus. (Please stick with the question and avoid your personal opinion if the fear is justified or not. Thx )

As an investor, will you keep investing this year? How do you think the prices will evolve this year?

A friend of mine was in escrow. He told me he cancelled today because he's convinced he can buy the same property much cheaper 6 months from now. Thoughts?

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