as the uncertainty of The situation may lead to a hesitant housing market. I think Hans Lind, professor of real estate economics, which draws comparisons to the financial crisis of 2008.
" The first thing that happens is that the sales are going down. The buyers will be very uncertain and raises the question of what income they will have in the future.
" And the sellers want to wait and see.
on the other hand think he is not that prices are going to be affected that much, and not at the beginning anyway. He points out that the coronakrisen will put downward pressure on interest rates, which will benefit the housing market.
to His o'leary also points out that during the previous crises, with ups and downs has been the builder of the condominiums, converted their projects to rental apartments. For example, it has been done in the Stockholm region, since the market of new buildings nearly stopped to 2017-18.
"I think the trend is going to continue," says o'leary.
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also , fastighetsforskare at KTH in stockholm, said that the current situation leads to uncertainty, which could accelerate an economic downturn.
" When the people see that the capital securities are being eroded, I think, to the threshold of entering the housing market increases.
She thought of the new recommendations, which is to isolate people more, can lead to a chockeffekt.
" People didn't understand that it was a serious matter.
When the u.s. central bank to cut interest rates to zero-in on Sunday plummeted the exchange of information. What would happen in the event of cuts in interest rates in Sweden are, therefore, difficult to predict, according to Anna Granath in the country.
" the Market reacted quite the opposite of what you wanted it to do. There is a certain degree of rationality, but it is also a lot of emotion, " she says.
Slide 1 of 2 , Anna Granath Hanson, fastighetsforskare at the royal institute of technology. Photo credit: Richard Lundborg, Slide 2 of 2 , Hans Lind, professor of real estate economics. Photo credit: Lina Alriksson Slide show
the construction company Veidekke. He has been following the housing market for many years and is a member of the housing policy reform debate. When it comes to the new count Lennart final fantasy vii they are going to shoot at the launched of a new project. And when it comes to the secondary market, he believes that the buyers will have to be more careful.
Weiss has been in touch with the broker who is preparing for a more private showings; potential buyers will be reluctant to go on tours with lots of people.
" It's not safe, I don't think it will be a steep fall in the price of each and every case.
the White fly modification of the response. In the most expensive areas such as new york, massachusetts, and other locations, there may be a setting. In these places, the more the buyer is dependent on their financial situation, and it may have taken a blow with the börsrasen.
"But, in more normal markets, I don't think that we are going to see the prisnedgångar," adds Weiss.Lennart Weiss, commercial director of the construction company Veidekke. Photo credit: Picture
SBAB's boendeekonom Claudia Wörmann has been in constant contact with brokers and clients. She underscores that this is a new situation, and it is therefore difficult to make predictions, but I believe that the current economic situation has an impact on prices.
" We're going to end up in a situation where more and more people become unemployed and may not be the scenario any longer.
from the Swedish financial supervisory authority can make it easier for people who get a tough time financially as a result of the virus. The new directive also requires banks to provide borrowers with the opportunity to reduce or pause the repayments for valid reasons. The banks are asked to be generous in their assessments.
Claudia Wörmann recommend to people who are already in a situation where a dwelling has already been sold, advised to buy in the current situation. The same is true if there are personal circumstances that you have to buy, like, for example, a new job, and the number of children on the move, or when a break-up.
" About the scenario, keep – you-buy. If you intend to stay in the home, in the long run, and you're not working in a precarious industry, so it's probably better than the alternative, which is to rent or something similar. The market will recover as the economy does.
Claudia Wörmann, boendeekonom SBAB. Photo credit: Klemner Studio
prepared for the sale process may take longer than usual, and with more viewings, and the number of people on the tours.
" There's a group of customers that need to buy so I don't think there is any reason to cancel.
with The rapid change of the situation will make it difficult to look at the sales numbers so far.
" It will most likely be seen as a difference in both the prices and activity in the months march, april and may, said Claudia Wörmann.
for more information: Dan Lucas: the Number of the notice, the key to the housing market.