The sale of houses and the economy: dependencies, risks and opportunities!
We all know, though, that residential Real Estate is volatile, as history and other overcome crises in Portugal may teach us. The most important fact during this is that fluctuations in prices and residential investment have a direct impact on the macroeconomic environment of our country and on the solvency of families and financial institutions. In the West, the vulnerability of the housing market is an amplifying element of the economic contraction, sometimes this vulnerability was the fuse that gave rise to these movements. On the other hand, a solid, stable, and balanced residential real estate market protects the economy from uncertainty and keeps the economy secure and firm. In the case of Portugal, this has been the case in recent years and has created the country's recent economic recovery.