How The Novel Coronavirus Pandemic Is Reshaping Real Estate

2020-04-25 444

The novel coronavirus COVID-19 pandemic has dramatically transformed the commercial real estate landscape.
According to Business Insider, offices, hotels, and malls have been emptied by the coronavirus.
The pandemic could lead to more than 18 months of disruption in peoples' day-to-day lives.
Flex-space providers, rental startups, and brokerages including Compass and Redfin have laid off or furloughed staff.
The coronavirus has also triggered the largest experiment ever in telecommuting.
Furthermore, some experts think it could forever change our relationship with the physical office.

Free Traffic Exchange