The Impact of COVID-19 in Industries

The world, as we all know, is in shambles when the COVID-19 virus suddenly spread and took the lives of many. People are in constant fear of being infected – businesses are affected and so is the economy. According to the latest reports, the property stocks of Scentre Group in the last month fell by up to 25%. It may look like it’s not that big of a deal but the challenges property players will face are just starting. Experts predict, based on previous experience that there is a good chance that this fall will be followed by lower interest rates and then a possibility of rising costs, as well as tougher finance. Crises always have an impact on the economy – this pandemic will for sure do a l

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