Quote:
Originally Posted by atxsnail
If we knew this would last for at least another year or two, I wonder how quickly West Campus housing would pivot to serving the general public. If I were king I'd just keep throwing up new buildings and just add some condo floors to each project...
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It would be fun if we had the ability to build to our hearts content, but I'm not sure how much longer the general public will be willing or able to move. The good news is there is still some demand for people looking for a new apartment, condo or home. I'm seeing houses in my hood put on the market, then sold within a couple of weeks at most, but I wonder how much longer that will be the case..? Also I know some of these sales are actually by developers rather than homebuyers. Eventually there will come a point that we will see a slowdown of the housing market as people will start to hold off on big investments and expenditures. I think we are coming to the end of new construction starts (aside from a couple of the bigger well financed projects). Also the times we are in also put into question how much office space will ultimately be needed as more and more companies are adapting their employees to work from home. Some companies may not feel it necessary to return to traditional offices after the pandemic. I'm sure there will be a need for office space, but how much is very much up in the air.
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