The economic crisis that will be generated by Covid-19 will suffocate the housing sector in Mexico. Despite the measures announced by Infonavit and Fovissste, the industry will be affected, mainly, by a weakening of demand.

The above was part of what was warned by the international agency Moody’s. The firm highlighted that the actions taken by the government through the two most important mortgage generation agencies will be insufficient to compensate for the decrease in economic activity and consumer confidence.

Complete article (Spanish)