Early in the pandemic (Version I) there were
a lot of theories advanced about its lasting effects on housing. Some of the
theories were fanciful. These included (true story) that new homes would include
covered areas specifically for no-touch delivery of on-line purchases which
would, of course, constitute the bulk of our shopping. Multifamily construction
would have to include no-touch or self-cleaning surfaces throughout common
areas. Private areas for outdoor living would be mandatory Other projections were based on early
observations of housing trends. Among the ones that were most worrisome to many
in the industry was the apparent desire to shift away from density. This was
seen happening both in an increased demand for detached housing and a perceived
exodus from larger cities. The premise was the big cities would see dramatic
declines in their populations as growth exploded in smaller cities and rural areas.
Vacation meccas could gain the most as workers would be able to work in the
areas where they wanted to play. Another, less concerning assumption was
increasing homebuyer demand for more living space to accommodate working and
schooling at home.

 

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