The Corona crisis is cracking! That the Covid-19 "Corona" virus affects us all and the life we know can no longer be doubted - the whole world is affected to a greater or lesser degree and it is going to get worse before it gets better again.
Different countries have adopted different strategies to fight the virus and prevent it from spreading to a scale that would cause the whole health system to collapse.
As we all know, this has led to a political decision in Denmark to "shut down the country", which has resulted in the closure of all "non-society-critical functions", such as primary schools, secondary schools, the university and other educational institutions, recycling centres, town halls, etc.
Other countries have chosen similar or different solutions, but what they have in common is that they have a negative impact on both the Danish and the global economy, which is badly hit by the lack of productivity and consumption in society and has already led to a sharp rise in unemployment and significant falls in stock prices worldwide.
To mitigate this, Denmark, the EU and a number of other countries have adopted very large economic aid packages, in an attempt to cushion the worst consequences of the shutdown of societies and international trade. In addition, a number of parliamentary parties outside the government and many other parties have therefore called for a "recovery plan" on how the government will revive the Danish economy after the corona crisis.
One of the first decisions the government has taken in this context is to drop the construction cap for public works and also to bring forward public works as far as possible. In other words, construction is seen as one of the keys to getting the economy moving again.
Construction must of course follow the same general guidelines as all other industries, and the Confederation of Danish Construction, the Confederation of Danish Industry and the Builders' Association have therefore jointly issued some guidelines on how construction - both public and private - can continue and thus help keep the economic wheels turning.
The real estate projects that Fundbricks.com has helped to finance are of course subject to the same guidelines and requirements - all the ongoing projects therefore continue unabated, helping to keep the Danish economy going while creating a good return for the investors who have helped to finance the constructions. In a market with negative interest rates and sharply falling share prices, lending to solid Danish real estate projects via Fundbricks.com can be a good alternative.
What do you think about this - do you agree that it is important to keep construction going and what other steps do you think the government should take to get the Danish economy back on track as soon as possible?
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