How Covid-19 Has Affected Commercial Real Estate

Aug.27 -- The Covid-19 pandemic has pummeled the commercial real estate industry. As rents and property values plunge and delinquencies rise, the sector faces a reckoning, especially in New York and other urban centers.

[ritalezcano]

What do you think about investment overseas? We work on the real estate business and here in Panama City Panama we are seeing a lot of interest on the high end and luxury market from people looking for options to retire or start a new life elsewhere. They are asking about the cost of living, rents and healthcare. Do you think that it's something that is happening for now or will increase exponentially for the last quarter of 2020 beginning of 2021?

[GrowthMindsetProductions]

yeah i am curious on commercial RE. I think people are more prepared then back in 2009. That is why we have not seen much of a drop in prices, and well the unemployment checks should still be making its way. Give it 6 months and we should see some drastic economic changes and value in properties.

[jung.k]

Its probably like "catching a falling knife", i have good reflexes though

[RealTipProductions]

DAMN YO SOUNDS SUPER BULLISH TO ME. WORSE ECONOMY = HIGHER STONKS LOL