[Ashley from UK]

Originally Posted by twoplanekid

Coronavirus’ Impacts On Real Estate: Why You Need To Think Short-Term And Longer-Term found on the RCLCO site ->

Advisory: Coronavirus' Impacts On Real Estate | RCLCO Real Estate Advisors

Very interesting article, and rightly highlighting that Over 55 communities are the unknown. Why? Because you are as likely to see a huge BOOM in sales later in the year as people from cities decide to move out, retire earlier (by choice or forced due to closure\downsizing).

Another potential for a boom is the uptake in home working. We have had the tecnology for years, and whilst my company in the UK is able to homework there has been a reluctance to do so in the belief that staff prefer to work in an office together. I am hoping that this period proofs we don't have to work in hugely expensive city offices, and that people can work at home, and are more productive. If this happens then you are as likely to see more older people decide to work from homes in Florida than in say New York... at least I am kinda hoping that I can work from my home online in Florida during the winter months rather than waste 2 hours a day commuting in the freezing cold into a central London office...