From the Introduction: "COVID-19 [coronavirus disease 2019] revealed a lot about the world. It drew the curtain back on our ability to deal with a significant global crisis, laying bare systemic weaknesses and exposing structural failures. One such failure pertains to social infrastructure. The pandemic highlighted that many communities around the world lack the necessary facilities--things like accessible health care facilities and affordable housing--to combat threats like COVID-19 effectively. These shortcomings likely contributed to the tragically high levels of sickness and death. While the lack of necessary real estate infrastructure certainly existed prior to COVID-19, the pandemic emphasized the need for increased investment. Looking ahead, we need to address this critical deficit head on. Inevitably, another global crisis will strike, whether it be another pandemic or a climate change emergency, or perhaps some other unforeseen circumstance. Whatever the challenge, we need better social infrastructure systems in place to defend against these events."
2020 Franklin Templeton Investments
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