Coronavirus and European Real Estate?

[Light]

How do you think the coronavirus will influence European Real Estate prices, especially for American expats who have dollars? The dollar should become stronger than the Euro even though the Federal Reserve's policies will weaken the dollar because the Euro should be weaker than the dollar.

[Decu]

Hi Light!
Recently I read an article about Spanish real estate and the influence of COVID-19 onto it. Here it is https://virtoproperty.com/info/covid19- ... eal-estate. There were several possible scenarios but I guess that the most true to life is that prices will go 20% down. This substantial falling of prices is explained by falling sales. But experts also say that the market will recover very fast as it was in 2008. Time will tell who was right!

[amelbeflynn]

I read here that, contrary to all the expectations and pessimistic forecasts of the majority, real estate in Spanish Mallorca has shown its resilience and relevance in the context of global isolation. As soon as it became clear that being cooped up in their apartments on the mainland was unbearable, the real estate market regained its position and gradually grew. The situation repeated itself in 2022 when, despite inflation, Mallorca's house prices rose by 10 percent in a year (according to Yes! Mallorca Property prices report).