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The crazy 20s’…. Of the 21st century!

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ICONS INSIGHTS GRANDE

100 years have passed from this exhilarating era full of exuberance and freedom. The aftermath of the first world war and the Spanish flu that killed millions of people worldwide left the desire to live and celebrate life to the fullest. Portugal was no exception, hence the growth and progress in the arts, culture, feminism, bohemian life, and businesses.

But not only good things happened during this era as history insisted on reaping itself. In 2020 the world entered a pandemic that still desolates and kills millions of people in the entire globe and then, when we least expected, a strong possibility of a 3rd world war breaking.

Like 100 years ago, the inflation rates have hit new records – the prices of day-to-day materials are escalating daily as a consequence of many factors. The only constant is that there’s no reassurance that can calm the uneasiness that has settled among everyone.

The real estate market is not different. Everything is being revised weekly and it is too unpredictable for those who invest.

Ever since the 2008 crisis, the typical old investors have been waiting for the next crash. There has been a slow but steady recovery of the real estate market. However, every year since 2014, the real estate market has seen a growth in transactions and investments, which didn’t even slow down during the pandemic. For these old investors, their predictions have been failing. But until when? Will everything that has happened and is happening since 2020 be insignificant in comparison to the threat of nuclear war?
Will we see another dictator crush the world after 100 years?
What a crazy entry, in these 20s’… of the 21st century!

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