The COVID-19 pandemic could potentially cost the global economy a whopping US$82 trillion over the next five years according to the World Economic Forum, thereby shifting the global focus onto the wellbeing and wellness of people. Property buyers worldwide are seeking homes where they can live a higher quality of life, that guarantees all round wellness for themselves and their families.
“While lost value of $82 trillion is the worst-case scenario, the centre's consensus projection was a loss of some $26.8 trillion, or 5.3 percent, of global GDP in the coming five years,” a World Economic Forum report said.
Wellness is a US$4.5 trillion colossal global industry, estimated by the Global Wellness Institute (GWI). The last hundred years have brought great advances in engineering, sanitation, building safety and city planning. Science and technologies have enabled us to control infectious diseases and bring ever greater levels of comfort, conveniences, entertainment and telecommunications into our homes.
