Home Interview of Experts Around the World
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John SextonCountry: Australia
City: Adelaide
Position: Manager & Director
Organization: Sexton Glover Pty Ltd
| Choices | A lot down | Somewhat down | Stable | Somewhat up | A lot of increase |
| Agricultural land | |||||
| Urban land | |||||
| Office | |||||
| Shopping | |||||
| Industrial properties | |||||
| Hotels | |||||
| Resort properties | |||||
| Rental housing & rental apartments | |||||
| Owner-occupied apartment or condominiums | |||||
| Detached houses, rowhouses or low-rise residence | |||||
| Residential land subdivision | |||||
| Retirement living | |||||
When will the property markets recover after Covid-19?
2021
What are ‘new normal’ in real estate in your opinion?
Unemployment has increased as has certainty of employment. This affects confidence. We expect levels of migration to be reduced. We expect a trend towards less dense housing & neighbourhoods
How should we adjust ourselves in real estate business?
Must be able to operate as a business from anywhere, anytime, any how. Must be better at remote displaying & selling. Need alternative sources of finance.
Which sectors are you in? (multiple choices)
Agent / broker
2020 Interview of 173 Experts around the World on Covid-19
Reason: Varies. Investor grade properties have come back between 10 to 15% because of rent controls & difficulty obtaining finance. Properties on large allotments have held their price. Semi rural property is selling well.