Tijuana's real estate sector recovers faster from the crisis than in 2009
Unlike what happened with the H1N1 influenza outbreak, at which time cities like Tijuana, Reynosa, Mexicali and Ciudad Juárez had difficulties to get out of the 'real estate jam', when the health emergency for coronavirus (COVID-19) ended this industry will be ready to revive.
In this regard, Héctor Bustamante, director of the Realty Group (BRG), relates that in 2008 there was a real estate bubble caused by United States banks making loans on the surplus value of a property and not on the real payment power.
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