In 2020, the COVID‐19 virus began to spread dramatically through many countries, leading to a shutdown of significant economic activity.
In 2020, the COVID-19 virus began to spread dramatically through many countries, leading to a shutdown of significant economic activity. Although the economic recovery has been underway amidst a broad rollout of vaccines and booster shots, the lingering effects of the COVID-19 pandemic continue to create various secular tailwinds and headwinds for select segments of the real estate market broadly.