Macroeconomic Fundamentals: How Can They Affect the Real Estate Industry?
The deep crisis triggered by the Covid-19 pandemic caused an unprecedented total halt in the world economy. States, governments and central banks all over the world aligned their positions and determined that they should do whatever needed to boost the revival of the economy and save millions of jobs all over the world. The political, monetary and fiscal measures have been aimed at offering companies and states maximum access to funds and flexibilization of the labor market and fiscal requirements. This situation has caused an unprecedented public debt and an amount of currency in circulation that, together with the savings of families resulting from the inability to consume during the year in confinement or pseudo confinement, puts us in a very difficult situation. Inflation (in the US it reaches 6 %), GDP growth, public and private debt, 0 interest rate, together with a real economy still weak puts us in a very uncertain situation regarding the evolution of the different markets. How can this affect the real state sector in terms of its correlation to the GDP, consumption or tourism?
05 October 2021
11.00 h CEST
Estació de França (view map)