What happens to property values in areas like SF and NYC with work going virtual? (status, sell)

[ddeemo]

Originally Posted by Hoonose

I think I said that I'm from conservative small town AZ. We are a retirement community and by and large our seniors behave. The forces to mask are just not that strong among the younger crowd. And after our premature and overly broad Memorial Day opening, things got tough there for a while. Now ramping downward.

I'm in Portland for the summer, and maybe we'll become snowbirds. Most everyone properly masks here, and even the gyms are open with precautions in place.

Where would you go?

I would rather NOT go to downtown Portland - something like 13 riots and over 55 nights of violence officially declared over the last few months. I would take the behaving seniors over the violent protesters and I bet most others would also.

From what I see, the Liberals say they comply with mask wearing but it is the minority of liberal protestors and young that are not really doing so and on the Conservative side, they complain about being forced but the majority actually do follow the rules. It is kind of a weird situation where both sides are complying but have a vocal minority that are sometimes creating a different impression.

[Johnhw2]

I blame China and WHO and Italy for the pandemic being rampant as they mislead us about the ability to infect other humans early on. But this might have just delayed the peak if we isolated highly infected area travelers and isolated and distanced with masks unlike the early advice from the so called US experts.

This might have bought us enough time to get a vaccine before we had the level of impacts we now have or might not hav as the lower peak impacts might not have sped the vaccine development we have now.

I suppose the political ones might thank NY and NJ governors from showing us how seniors can be culled by putting CoVid patients in Senior facilities but I digress lol

Plenty of fault to go around here... Trump has his share as do liberals who called racism on Trump for closing our borders to Chinese travelers from impacted areas early on. Just added this to provide some balance to those who claim everything is Trump and his unwashed mass followers fault lol

[Hoonose]

Originally Posted by ddeemo

I would rather NOT go to downtown Portland - something like 13 riots and over 55 nights of violence officially declared over the last few months. I would take the behaving seniors over the violent protesters and I bet most others would also.

From what I see, the Liberals say they comply with mask wearing but it is the minority of liberal protestors and young that are not really doing so and on the Conservative side, they complain about being forced but the majority actually do follow the rules. It is kind of a weird situation where both sides are complying but have a vocal minority that are sometimes creating a different impression.

The riots are another thing. And very localized. As far as the virus, the riots are surprisingly not stirring it up. We have a lower general incidence here, and the riots of course are outside. Protestors mostly tend to mask, actual rioters seems mixed.

[Thatsright19]

Originally Posted by Hoonose

The riots are another thing. And very localized. As far as the virus, the riots are surprisingly not stirring it up. We have a lower general incidence here, and the riots of course are outside. Protestors mostly tend to mask, actual rioters seems mixed.

I don’t know if it’s actually true, but the explanation seemed reasonable that even though there’s tons of people out rioting, the effect of others not going out and shopping, ect (to avoid downtown because of the rioters...) offsets these large groups being out.

[Hoonose]

Originally Posted by Johnhw2

I blame China and WHO and Italy for the pandemic being rampant as they mislead us about the ability to infect other humans early on. But this might have just delayed the peak if we isolated highly infected area travelers and isolated and distanced with masks unlike the early advice from the so called US experts.

This might have bought us enough time to get a vaccine before we had the level of impacts we now have or might not hav as the lower peak impacts might not have sped the vaccine development we have now.

I suppose the political ones might thank NY and NJ governors from showing us how seniors can be culled by putting CoVid patients in Senior facilities but I digress lol

Plenty of fault to go around here... Trump has his share as do liberals who called racism on Trump for closing our borders to Chinese travelers from impacted areas early on. Just added this to provide some balance to those who claim everything is Trump and his unwashed mass followers fault lol

China early on had massive quarantines of millions of people and oversight and restrictions of freedoms we here would never would allow. Why would they have done this without worries of infectivity?

And what would we have done here if the virus started here? - DENIAL -

No, it is not all Trump's fault.

But for the Dems this is the ultimate wake up call and they will soon institute broad policies in regards to future pandemic preparations. When the Pandemic winds down the Pubs will say 'You see we were right about the hoax'.

[Hoonose]

Originally Posted by Thatsright19

I don’t know if it’s actually true, but the explanation seemed reasonable that even though there’s tons of people out rioting, the effect of others not going out and shopping, ect (to avoid downtown because of the rioters...) offsets these large groups being out.

The typical riot here is hundreds or a thousand legitimate protestors, mainly whites. Then later some groups of miscreants seem to emerge and do their thing. More lately there have been a few scattered demonstrations around various Federal and polices buildings. In 2 months we've seen graffiti and one instance of a handful of people looking like they were throwing rocks.

Although probably now more in numbers, these riots are not of the scale and destruction of the ones we had back in Chicago in the '60's and '70's.

[vision33r]

Originally Posted by Hoonose

China early on had massive quarantines of millions of people and oversight and restrictions of freedoms we here would never would allow. Why would they have done this without worries of infectivity?

And what would we have done here if the virus started here? - DENIAL -

No, it is not all Trump's fault.

But for the Dems this is the ultimate wake up call and they will soon institute broad policies in regards to future pandemic preparations. When the Pandemic winds down the Pubs will say 'You see we were right about the hoax'.

Trump should've closed all overseas travels back in Feb. Of course the Dems complained about shutting down travels until the wave of infected started showing up in NYC. Our political system is broken. We can't fight a disease without politics getting in the way.

Other countries are now laughing at us.

[Rickcin]

Originally Posted by vision33r

Trump should've closed all overseas travels back in Feb. Of course the Dems complained about shutting down travels until the wave of infected started showing up in NYC. Our political system is broken. We can't fight a disease without politics getting in the way.

Other countries are now laughing at us.

You are exactly correct, the political system in this country is now the main source of most of our problems along with the media who no longer report what should be the unbiased news.

[Hoonose]

Originally Posted by vision33r

Trump should've closed all overseas travels back in Feb. Of course the Dems complained about shutting down travels until the wave of infected started showing up in NYC. Our political system is broken. We can't fight a disease without politics getting in the way.

Other countries are now laughing at us.

Should've, could've, would've in retrospect. I don't think the medical communities here in the USA were ready yet.

I'm now retired, but as I recall discussions with docs, Jan was like 'I hope that doesn't come here!'.
Feb was like 'Whoa, we'd better pay more attention!'
Then March was 'OMG!'

Interestingly enough, the virus that hit NYC early came from Europe.

Early on ski areas were some super spreaders. Most notably Ishgl in Austria.

I went skiing with some docs in Jan, and we were just curious about China.
In March we went to Beaver Creek, still non-believers. The day after we left, most ski areas closed!
I got sick the next week and gave it to my wife, nearly killing her!

When we were at Beaver they had about 5 or so local positive cases. In retrospect there had to have been far greater numbers of infected people there at the time. Especially with testing delays. My daughter actually had a young friend living in Beaver Creek that went into the ICU right after we left!

[CorporateCowboy]

Originally Posted by ripkobe248

What happens to property values in areas like SF and NYC with work going virtual?

I think you're putting the cart before the horse i.e. it's far too soon to tell what the WFH situation will look like (realistically) down the road (or what percentage of the workforce it will be possible to do so long-term without at least occasional jaunts into an office, lab, school, whatever).

Additionally, people still have to live somewhere; and cities, particularly SF, have far more to offer (by comparison) beyond simply being a city to work - for singles, couples and a fairly significant retired population in the Bay Area as well. I would think it could ultimately affect other areas far more so in the long-term (which don't have much going on other than being a location for employment).