In order to stem the spread of COVID-19 in Latvia the emergency situation is extended until 9 June 2020. Until then there shall be restrictive measures established by the Government that have serious impact on all sectors of the national economy. The rental housing market is no exception and has encountered a sharp drop in rent and significant changes to the situation of the lease market. Check out the overview of the current trends to the rental housing market prepared by the Ellex Klaviņš Law Firm.
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