Tuesday, 3 March 2020

Coronavirus disruption is slowing down the global luxury market

Apartment tours via WhatsApp. Surgical masks at open houses. As the coronavirus outbreak disrupts international travel and threatens to infect millions worldwide, sellers of luxury real estate worldwide are seeing their business impacted in many ways. Chinese buyers were still the single largest group of foreign homebuyers in the U.S. last year despite a steep drop-off, spending $13.4 billion on U.S. property, Bloomberg reported. “I tell them that I have some nice properties that I



source https://therealdeal.com/2020/03/03/coronavirus-disruption-is-slowing-down-the-global-luxury-market/

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