Rental housing is one of the real estate products that has best withstood the onslaught of the pandemic, in terms of investment and development, driven above all by the high shortage of units in the country. However, the informality of the market remains a battle that has yet to be fought, as it far exceeds formal transactions.
In an interview, Ricardo Amack, Country Manager of Greystar in Mexico, a firm that develops and operates rental housing, explained that as they cannot travel, have shopping centers and restaurants closed, in addition to corporations that opted for the homeoffice, the real estate sector in general "It was very shocked", but people always need where to live, "that positions us very well" and makes us have the product that "has best endured the crisis."
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