Thoughts on the Pandemic and Real Estate

Thoughts on the Pandemic and Real Estate                                                                                  By: ND

Recently, I was asked to write a quarterly column in the Apartment News magazine.  Considering what’s going on in the world today, I thought it might be a good idea to “tease” the article and then publish the bullet points in subsequent posts.  Here goes!

Just under 3 months ago, the world was a much different place.  The talk was record low unemployment, the stock market at all-time highs, a stable and sound real estate market (residential and commercial) as pertains to both for rent and for sale product and slow, albeit continued economic growth. Enter Covid-19 and investors are suddenly befuddled by the market. A once clear puddle has been muddied by the very abrupt opposite of the aforementioned circumstances and including stock market turmoil, an oil market in free fall, slowing rent growth and record job losses followed by unemployment claims. What started out as a public health crisis has now become a political problem.

Let’s take a look at what that could mean for you and your real estate holdings.

• Get California Open for Business!
• Times Change, Investment Principles Don’t
• No Concern Over Slowing Rent Growth
• Sacramento Politicians Stepping on Property Owners