The Covid Effect On Real Estate: Why Good Deals Have Replaced Good Locations

SourceForbes
SectorReal Estate
CountryGCC

Remember when finding a home close to your office, in a trendy neighborhood, or zoned to a specific school district was a top priority? These days, things are different. In this post-pandemic world, the classic real estate motto of “location, location, location” is no longer what’s driving buyers. Now, it’s all about “deal, deal, deal” instead. This school season, many kids are learning online. How important is having a home in that high- tax district now that math class takes place at your kitchen table? Colleges are moving lectures online—Do you really need a condo in Cambridge because your son is going to Harvard? And many businesses remain closed. How vital is it to live near your office in San Francisco if your friends and family are back home in ...read more...