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Coronavirus Crisis Changes The Real Estate Industry

The Covid-19 coronavirus pandemic has brought many changes at all levels. From now on we will have to adopt different ways of living, we will have to adapt to the “new normal”. This means that we will wear a mask for a long time, keen a social distance of two meters, etc. There will also be a very significant change in the way of home purchase.

Here, real estate experts from Ebbets Field Apartments will share some information on the changes in the real estate industry.

Health crisis changes home buying habits

People from now on will choose to buy or rent confinement resistant homes. With the quarantine, the lack of terraces, flexible spaces, natural light and ventilation of millions of houses was felt, which will also cause other problems.

The real estate sector has an arduous task ahead, trying to improve and correct the homes, especially those that are more than ten years old. Ebbets field Apartments experts point out that the vast majority of homes built in Brooklyn, lack ventilation and natural lighting, wholesomeness, accessibility and comfort.

Many of the old and new homes do not have a terrace or have an interior terrace, even some are so small that people only can stand.

The architects of Ebbets Field Apartments say the following regarding this topic: “We architects must imagine and build homes where natural light, ventilation and simple and comfortable mobility prevail, regardless of the type of home. We are learning that versatile housing must be devised for an unforeseen world. ”

When this crisis is over, "we will value the flexibility in distribution, the entry of natural light, the views, the ability to perform cross ventilation, acoustic conditioning and the presence of private outdoor areas", is the opinion of Shalom Drizin, the landlord of Ebbets Field Apartments.

There will be lessons to be learned in all sectors, due to the consequences of this crisis. All the changes are good, if we see it with optimism.

Many owners will have to rethink the design of their homes, to be able to rent them with the appropriate conditions for the new housing look.

Ebbets Field Apartments experts indicate that the main protagonist in the real estate sector is the terrace, often the only place where you can relax and look at the city, so as not to feel so confined or suffocated.

Until now, developers have not given a great importance to the terrace. Some owners have also removed these spaces to gain a few square meters and will not stop regretting it.

Many of the units of Ebbets Field Apartments have balcony and offer of Prospect Park, the statue of liberty and the Manhattan skyline. This is very convenient in this time of crisis.

Moreover, Ebbets Field Apartments experts point out that another change in the way how we buy homes is that now homes can be bought online. This saves us the risk of having a direct contact with persons and get infected.