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Updated over 4 years ago, 05/20/2020
Multifamily to remain resilient to effects of COVID?
According to JLL:
I tend to agree, though it's hard to generalize across all of multifamily since there are so many different types and classes. The report goes on to say that occupation density will be a factor for investors (logical given that proximity is such a contributor to COVID contagion). So those urban core assets where elevators and other enclosed and high-density spaces are prevalent might make some uncomfortable and result in less demand.
I'm actually optimistic about COVID _not_ affecting the decades long trend of population migration to urban cores, but maybe I'm being naive. Do you think high-rise multifamily will be negatively affected by COVID long term? Would you move money from urban core to suburban garden style multifamily as a result?