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 |
2023 or Longer
The rise of online and web-based platforms
Think long term as this is only a momentary dive
Developer, Financier, Builder / Contractor, Property Investor, Academic, Agent / broker, Appraiser / Valuer, Other Property Consultants, Other, specified
Reason: Lower demand for real estate projects, and most will maintain liquidity while there is no vaccine available