The rapid intervention by the state - may God protect it - and the tremendous efforts and rapid decision-making and precautionary measures had a great and positive role in limiting the spread of the Corona virus and stopping the economic losses and its future effects on society from the spread of this epidemic and its spread among citizens in various cities until it is controlled, and whatever the economic losses, health and safety always remain the most expensive.
The efforts of the state, may God protect it, by stopping entry or temporary exit from some cities to limit its spread, such as the city, Mecca and Qatif, as well as stopping education, conferences, exhibitions and events, in addition to stopping the activity of shisha and honeycombs that may be a factor in its spread, in addition to awareness campaigns from most agencies have had a positive impact in mitigating the disease crisis compared to other countries that delayed in making a decision to protect their people and began to reap losses in billions due to poor crisis management.
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The impact of the spread of the Coronavirus epidemic was clear on the global economy and the globe, with financial markets falling dramatically until they reached prices ten years ago, stronger than any previous crisis, oil prices fell to less than $30 per barrel and gold rose due to uncertainty to $1665.
Oil prices fell to less than $30 per barrel and gold rose due to uncertainty to $1665.
Real Estate is watching from afar
Real estate will be the last to be affected by the crisis, it will remain standing like a listener listening intently to watch what is happening, and its sense of pain will come late because investment opportunities appear in such economic cycles, and the indicator of the rate of return for the investor or funds is the key, so the pressure on real estate will increase in the next stage by increasing offers to enter into other opportunities that achieve better returns, and from here the owners of some properties will accept the decline in their prices and compensate them in other new opportunities.
<p class="wp-block-paragraph" style="font-weight: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face: bold-face.We wonder about some real estate agents who raise prices insanely in old properties, despite our advice in previous articles to look at the market, we witnessed this last week, which caused the exit of major companies and others remained in pain from the position of the landlord.
Finally. We thank the state and its leaders for their keen interest in citizens and managing the crisis effectively, and we ask God for safety and health for all and security for the dear homeland.
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