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Updated almost 6 years ago on . Most recent reply

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Marc Winter#1 Market Trends & Data Contributor
  • Real Estate Broker
  • Northeast PA
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
Replied

@Marc Winter I think we can see changes happening right under our noses. People already fleeing cities like NYC, Miami, Seattle moving to lower density housing and not wanting to live in the rubble left by looters. Shops that were looted either increasing on line business or moving to the suburbs or just closing depending on how much cash and determination they still have. 

Business folks who got looted are not going to rebuild in the inner city so places like NYC may become Detroit of 1960 and 70. Probably a good time to become a plywood salesman. 

You are right the smaller shopkeepers and landlords are being squeezed and the big landlords are/will be feeling it big time too. Many large commercial buildings will be empty; ideas like "We work" failed miserably, store fronts now gone. Thousands of people already work remotely, and others will find jobs in suburbia. This has a long ways to go.

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