Hmm, the request seems to be a bit confused. Let’s get back to Real Estate and Business news, as we originally agreed, shall we?
Commercial Real Estate Market Bombs While Residential Real Estate Soars in Popularity
Summary:
- The commercial real estate market is resembling a ghost town with its declining statistics, while the residential real estate market seems to be partying like it’s 1999.
- Offices and retail spaces have become the “Cinderellas-before-midnight” of the industry, thanks to a little world tour by “Ms.Rona” (COVID-19).
- Many businesses have shifted to remote working, making commercial spaces as trendy as flip phones. Meanwhile, the popularity of comfy home office spaces is on the rise like a TikTok influencer’s follower count.
- Property investors seem to be playing a game of “musical chairs,” but the music has stopped on commercial properties while residential real estate steals the chair every time.
- The pandemic has triggered a mass migration from the city centres to the ‘burbs as folks are deciding they’d rather be bored in a spacious home than in a cramped urban dwelling.
A hot take:
The game of Real Estate Monopoly is definitely showing spectators some twists and turns that even M. Night Shyamalan wouldn’t see coming. COVID-19 has managed to blow out the candle on the once-shining city lights, whilst simultaneously igniting a bonfire in the fields of suburban and rural homes. So, in conclusion, it appears that a bad day in the suburbs is now deemed better than a good day in a city skyscraper. Though businesses are feeling the hit, it’s safe to say that the residential market won’t be sending out cries for help anytime in the near future. Hold on to your living room desks, dear folks, as we prepare to embrace the post-pandemic world which seems to be whispering – “Home is not just where the heart is, but also where the work is.”
Original article: https://www.redfin.com/blog/must-try-restaurants-in-dundalk-md/
