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How The Novel Coronavirus Pandemic Is Reshaping Real Estate

2020-04-25 9 Dailymotion

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

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