What's in store for 2021?
THE YEAR TO MOVE THE MEETING ROOM TO THE SPARE ROOM
The year has been one of the most challenging, unpredictable, and life-changing in recent memory. It has seen significant disruption and change in every aspect of our lives. The way we work, socialise, exercise, and of course entertain ourselves have all shifted.
Property markets have not been immune from the effect of this year’s events. Isolation, work from home, and homeschooling have changed the way we use our homes and also made us think about where we want to live. These changes have led to three major trends that will continue to grow and playout throughout 2021:
1. The home is now (also) an office - The way we use our homes has changed, as it is now also a workplace.
2. The regional revolution accelerates - Where we can live has changed, and we are witnessing more people opting to move outside our capital cities.
3. The construction industry to cater for new lifestyles - Because what we want and need in a home has evolved, construction and renovations will need to adapt and cater for a new way of living in our homes.
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So, what's in store for 2021? The year to move the meeting room to your spare room. This whitepaper predicts the key trends for the real estate market in 2021.
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