The recovery of the housing industry "is going to be long and gradual" and in the absence of capital flow it will take until 2030 to reach the production levels that were in 2019, "unless we have a significant capital flow", considered Gene Towle, managing partner of the consulting firm Softec.

He warned that today's inventories would reach between now and 2025 if the sales rhythm is maintained, but “if we don't start new projects, inventories will be consumed. We have six months to start new developments ”, which are completed by then.

Complete article (Spanish)