Work from home effect on real estate markets

[Brian Schroeder]

Considering that the job market was such a strong factor for such a long time in the value of an area and properties; how does the paradigm of a large percent of the working force (~17.9%) 27.6 million working from home change that dynamic? An argument can be made as well that number will only increase in the next 10-15 years as a lot of companies are breaking out of the old mindset of the traditional work dynamic. 

This could lead to some areas that have been resilient for a long time due to the amazing job market around them taking a bit of a hit, and other areas that have other important criteria's such as great schools, walking score, etc. that could see an increase in value over the next 5-10 years.

Something to think about, let me know all of you thoughts!

Work from home source

Brian Schroeder

Real Estate Investor | North New Jersey

[Account Closed]

Quote from @V.G Jason:

Quote from @Account Closed:

Quote from @Brian Schroeder:

Considering that the job market was such a strong factor for such a long time in the value of an area and properties; how does the paradigm of a large percent of the working force (~17.9%) 27.6 million working from home change that dynamic? An argument can be made as well that number will only increase in the next 10-15 years as a lot of companies are breaking out of the old mindset of the traditional work dynamic. 

This could lead to some areas that have been resilient for a long time due to the amazing job market around them taking a bit of a hit, and other areas that have other important criteria's such as great schools, walking score, etc. that could see an increase in value over the next 5-10 years.

Something to think about, let me know all of you thoughts!

Work from home source

Brian Schroeder

Real Estate Investor | North New Jersey

We're including a "Home Office" in our STR in Phoenix so that if someone wants to travel to Phoenix / Scottsdale and still get things done in their business, they can comfortably. I think "working from home" will continue for the foreseeable future until the "fear of Covid" passes.

 That fear will never pass, it can actually only get worse. But WFH, in my opinion, will only grow as the younger millennials step into management roles in the next 3-15 years.  What that does to housing is probably going to be unch in the long run. And boost rural in the short term with a possibility of a crash in the long run. It's not like we have a cap on the amount of buyers in America, if New york loses steam trust me a Euro will step in and buy. If cali loses steam, trust me someone in east asia will buy. If the cost of the New York & LA short will be a Tulsa long. So I think unch really.  The short term aspects will cause some random markets to super appreciate and dump.

@V.G Jason: Your Comment: "That fear will never pass" is correct. Long Term investing in Home Office space will be a winner.

It's a shame the manipulation of the populaton was so sucessful.

What you will see coming forth and is now in some scientific studies, is that Ivermectin, Hydroxcloriquine HCQ (used for malaria), Quercetin with zinc, Vitamin D, Vitamin C, all are effective treatments for Covid.
The problem has been that these solutions cost under $20.
While they can get $33,525 if they call it Covid

There is too much money to be made to let this "go away"

Here Are The Numbers
https://www.fairhealth.org/sta...