August 30, 2021 – What does real estate look like now that we’re contemplating the world post-Covid-19?
When office buildings became ghost towns during the pandemic, upkeep was still required to keep them running. Corporations and other businesses needed to maintain landscaping, snow removal, sanitation, and plumbing systems and make repairs — whether or not the buildings were populated. Pipes still froze, bushes got overgrown and icy walkways were still a liability.
And, with everyone working from home, the demand for maintenance and repair services in residential buildings, such as HVAC, plumbing, and janitorial, for example, skyrocketed with more foot traffic and occupant usage throughout the day. Industrial, commercial, residential facilities, and service providers were a hot commodity and, in fact, were deemed essential workers by the federal government.
Read more at source | Forbes