Property market during COVID-19

Retiree plans for housing and accommodation have shifted with the pandemic’s social restrictions and resulting changes in the property market. How will the property market look for retirees and others throughout – and after – the pandemic?

Property for sale Source: Getty Images/fstop123

Highlights

• Retirees crave a greater sense of community to avoid loneliness and isolation during COVID-19
• More retirees are considering moving out of big cities, according to a commercial survey
• Some retirees prefer to cash out their investment property to save in the bank

 

 

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