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re: Realistic outlook for the real estate market?
Posted on 4/14/20 at 9:10 am to whoa
Posted on 4/14/20 at 9:10 am to whoa
Commercial will be hurt more than residential since it was nearing a tipping point anyway.
Now though, commercial will have to re-evaluate the landscape as business changes it’s culture. The remote workplace is here to stay.
More restaurants are going to wait drive through service. Even fancy steakhouses will have drive up or drive thru service.
Residential will see a marked shift from urban to more sub urban lifestyles with larger lots. New construction will see a shift from the “open” floor plan to a more secularized floor plan with hallways being more common.
Expect to see more home office space
Now though, commercial will have to re-evaluate the landscape as business changes it’s culture. The remote workplace is here to stay.
More restaurants are going to wait drive through service. Even fancy steakhouses will have drive up or drive thru service.
Residential will see a marked shift from urban to more sub urban lifestyles with larger lots. New construction will see a shift from the “open” floor plan to a more secularized floor plan with hallways being more common.
Expect to see more home office space
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