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CCRE California Series: A Turning Point for California Real Estate: Forecasting the Future at Home & Work Post-Pandemic
July 1, 2021 @ 1:00 pm - 2:00 pm
Since the onset of the COVID-19 pandemic, real estate was forced into a new normal in California as families grappled with remote working, distance learning, waves of sickness, job insecurity, and tight markets with climbing prices while businesses were battered by lost revenue, closures, and empty commercial space. In many ways, the pandemic laid bare stress points in real estate markets long challenged by affordability concerns and a shortage of supply, and while quarantined Californians have adapted to new realities at work and home, questions still remain about what lies ahead. What does the future really hold for millions of Californians seeking opportunities to pursue homeownership and more flexible working accommodations? Will there ever be a return to the old “normal?”
Join us for a discussion that will forecast the future of work and home and explore how current market impacts will shape the state’s long-anticipated recovery. Panelists will share insights about the possibilities for the reinvention of real estate options at home and work. We’ll examine policies, data, and solutions that could propel a seismic change to make lessons from the past year a real turning point for California real estate.
The panel will discuss what market disruptions are here to stay, what shifts should be accelerated further, recovery timing, and how the pandemic can advance changes that ensure more Californians have a place to call home in thriving communities with new work-life flexibilities.