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Pandemic would lead to higher rents and less buying in the housing market
El Financiero | July 07, 2020 |

The rental housing market will avoid the ‘contagion’ of the economic impact caused by COVID-19, due to the fact that many families postponed the purchase decision, due to the possibility of losing their job or due to the reduction in income, specialists warned.

"In a post COVID stage (probably) many people are not going to be encouraged to buy a house because this implies a commitment of between 15 and 20 years to have a flow to pay," said Arturo Rosales Orozco, Homie's director of Finance.

Complete article (Spanish)

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