4th wave not expected to affect real estate

Residential

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The number of new coronavirus infections in Hungary has been gradually increasing in recent weeks, and experts say the fourth wave has begun, writes profitline.hu.

According to Zoltán Gadanecz, the founder and owner of the GDN Real Estate Network, the period ahead will be different from the previous stages of the epidemic.

A significant negative impact on the real estate market can only be expected if the virus demands a lot of sacrifices again or if foreign capital withdraws from Hungary due to some external influence.

Since the chances of these are small, the expert does not expect a reduction in prices.

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