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Updated about 5 years ago on . Most recent reply
What area of real estate will be hit the hardest?
In reading and discussing I am hearing different opinions on real estate sector that will be hurt the most? Retail / Office / Industrial/ Multi Family
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Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
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- Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
There's no debate. The big three are hospitality first, retail second and office third. Housing both SF and MF will feel some effects depending on how long this goes but nothing like the big three with the exception of STR. They are taking a huge hit and the longer things go the more difficult things will get for that market.