Owner of the real estate agency Opereta.

Next year will be very challenging. Considering the situation with the coronavirus that shook the world economy this year, the real effects will be seen next year. Some industries are already "on their knees", and if the pandemic situation does not change drastically, many players could disappear from the market. As for the real estate market next year, we do not expect drastic changes. The situation should remain similar to this year. Although the appearance of the coronavirus was expected to lead to the downfall of the real estate market, this did not happen on a global or local level. The banking market is stable, there is money, interest rates on savings have never been lower, and those on residential loans are at historic lows. All this affects the normal functioning of the real estate market. One of the reasons why such movements will continue next year is the fact that a large amount of money is being printed at the moment, and people with excess capital are looking for a safe haven, and in any case, real estate is that. On the other hand, trends have changed on the real estate market itself. For example, houses with gardens have become increasingly popular, as people have realized that home closures are difficult to bear. Our coastline has become even more popular due to global pandemic changes, as we are an auto destination for a large number of EU citizens. The development of the Covid-19 situation will, of course, have a significant impact on the real estate market. If closures continue and the vaccine is not found, the next tourist season will be in question, and it has a significant impact on the real estate market. Although banks initially placed moratoriums on loans during the pandemic, if the situation does not improve, many owners will have problems with credit repayment, which will directly affect the real estate market. Therefore, an interesting year is ahead of us with many questions.

Izvor: poslovni.hr

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