Deregulation is inconsequential at this point and real estate values have correlation with foreign exchange rates. Supply in RE alludes to the property you want to purchase or sell. As a result, currency is in demand because of EMH in due to supply/demand. RE is simply one of the assets tied to availability of real loanable funds. Availability of real loanable funds. Fx rate. Cost of goods. The reason real estate prices are declining is because there is a decline in availability of real loanable funds. A decline in loanable funds is a result of foreign exchange rate decrease. The market is responding to an inevitable future FX decline.
Real Estate is still a good investment despite Covid. It can be a source of income too if we will use it as apartment, the price never goes down but increases in time, those who will sell their property must be in need but for sure will still be in profit as the value of real estate didn't decline even the stock market is affected. The only that affects now is the construction of those soon to rise building since some might stop operating of postponed the construction.
It will be better if we were not just put in our investment Al in bitcoin better expand and venture in other investment too.