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2021 Interview of 429 Experts around the World on Covid-19
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Tácito MaiaCountry: Brazil
City: Recife
Position: President
Organization: IBAPE
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
In first Brazil has been in crises since 2014, before COVID and prices are 30% below the average. Small office may still as a bad business for sale or rent and the same for rental properties
How should we adjust ourselves in real estate business?
We have political problems. It will affect the market until new elections in October 2022. Good news, if they will come, only after Marc 2023. It's time to planner and research Nowadays it's seems like residentials has to be plan with privity leisure and lounge areas as balcony
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
