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_2020 trends to monitor

We outline some of the global events, trends and regulations that look set to influence prime residential markets in the coming years.
December 11, 2019

1) Golden Visas

Portugal looks set to shift the focus of its Golden Visa from property investment to  job creation.

2) NYLON bounce

Some Brexit clarity and a cooling of trade tensions ahead of the US Presidential Election could see London and New York’s prime markets spurred on.

3) Florida in focus

With the SALT deductions underlining Florida's benign tax structure and with US mortgage rates almost at their historic low, South Florida is likely to see demand strengthen. 

4) Europe’s PRS sector appeals

In a latecycle, low-yield environment, Europe’s private rented sector has come under the spotlight as investors look to cities offering connectivity and liquidity.

5) Downsizing down under

Sydney and Melbourne are seeing strong demand from downsizers seeking easily maintainable properties close to city centre locations.

6) A small world

In November 2019, Qantas tested its new 19-hour nonstop flight from New York to Sydney which may be operational as soon as 2022. Improved connectivity has the potential to reshape second home markets. 

7) Holiday homes targeted

Expect greater regulation of the holiday  homes rental market in those cities that attract a high volume of tourists.

8) Negating negatives

Where negative rates persist (Switzerland, Japan, Eurozone, Sweden), property will increasingly appeal as a means of generating a return.

9) Climate action

Developers and lenders are reducing their carbon footprints and overhauling their commitments to sustainability, whilst ESG principles are being prioritised by institutional investors.