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How Covid-19 is hitting the reset button on the global economy and property

Covid-19 recession of 2020 already has the distinction of being the worst contraction in history

Published Sun, Nov 1, 2020 · 09:50 PM
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RECESSIONS create stress on everything - on businesses, households and entire industries. As demand for goods and services declines, how these businesses, households and industries react can have a direct impact on property around the world.

If there was ever a recession that could cause stress, it is the Covid-19 recession of 2020. Not only is it unlike any downturn we have seen before, but it already has the distinction of being the worst contraction in history.

Th…

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