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COVID-19 has become a full-blown pandemic that has disrupted different aspects of our lives – socially, physically, and mentally. With the number of victims increasing, no one can tell the time when this issue will come to an end. Resultantly, several individuals are taking various actions to deal with the coronavirus pandemic and the different problems it has caused. It has been predicted that lots of individuals will move out of the cities in Canada, the USA, and many other countries because of this coronavirus issue.
New York City, Chicago, Los Angeles, Toronto, Calgary, Quebec City, and other cities have had their fair shares of victims of COVID-19. So, if the spread of the disease subsides, we may see more people leaving these cities to suburban areas and towns with lower populations.
According to Shank Tank investor, Robert Herjavec , COVID-19 is bound to alter the attitudes of several people towards living in the cities. This will bring about a significant change in the dynamics of the real estate market as more people will focus on living in suburban and rural communities.
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