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Let's address the issues in the Real Estate Sector and find solutions together.<br>For more, visit: https://www.ldlaw.ca/real-estate-lawyer-toronto<br>
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01 AddressingIssuesin REALESTATE Let's take a deep dive
Communicationiscentralin howwelive. 02 2020HASBROUGHTALOTOF PROBLEMSANDCHALLENGES, BEIT THEWAYOFLIVINGORDOING BUSINESS. WITHPEOPLEOPTING MOREFORWORKFROMHOME ANDDECLININGOFFICECULTURE. WHATISSUESAREBEINGFACED BYREALESTATESECTOR? LET’S TAKEADEEPDIVEINTOTHE MATTERANDFINDTHEANSWERS IN2021
Butyoucan'texpectthingsto staythesame. 03 WECANBRINGACHANGEBY ADDRESSINGTHEISSUESANDTALK ABOUTTHEM. LET'STALK REALESTATE
04 COVID-19 Let's address the elephant in the room, Corona Virus pandemic has actually, hampered the normal functioning and business growth. So, how do we deal with this? Where, people, do like the work from home culture, it has strings attached to it as well, showing results through productivity. IDEAS have been coming up of community office space while keeping social distancing in mind.
04 OPENHOUSES With the change in policies and interactions in public places, guidelines have to be followed strictly. What can be done when it comes to Open Houses? Virtual Tours are a great option here, and if you are interested, take the deal further, your Real Estate Lawyer Toronto, can help you with deal finalization.
04 THEOLDFORMAT The 2020 pandemic has certainly, given the format of old spaces an awkward look, with new guidelines of distances to be followed, being mandatory. New designs architecturally have to be followed and new office spaces are given a thought. Planned designs with medium-density, mixed-use communities will replace old office formats, with designs embracing walkability and integration.
04 AFFORDABILITY No matter, how much we criticize the pandemic, one thing that we all have to agree on, is it brought families closer. But now, returning to new normal and shifting back to where your workplace was or finding a new livelihood, is coming with a challenge of affordable housing. With increased prices and a hope to cover costs, a balance has to be striked.
NATURAL DISASTERS 04 Natural Disasters have also had a major impact on the Real Estate Sectors. With increased risks of infrastructural damages and loss of livelihood, have raised major concerns in minds of home-buyers. Therefore, it is advisable to keep your place and property highly functional and well maintained. This will also increase your property value in return.
CLIMATE CHANGE 04 Also, when it comes to climate change, Real Estate has also faced major issues. From changes in temperatures and preferences while seasons change has definitely shown an impact on your long- term tenants. Find the right tenant has also been a major issue.