[quote=svelte][quote=EconProf]Svelte, you bring up good points. There are good and bad Technology has disrupted a lot of businesses and occupations, and the traditional commission model may be under siege.
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True. I don’t believe that the commission model will go away. It will still be around in many industries as there will always be consumers who need and want that model. But for those who don’t, there are now more options.
[quote=EconProf]
Off topic somewhat, I think colleges and universities are about shrink considerably in number for a variety of reasons, not just COVID-19. So many other RE markets are facing severe downsizing, and many commercial buildings will go dark and fall in value, especially in certain parts of certain cities. This was the trend for shopping malls well before Coronovirus.[/quote]
I’m a little worried about colleges. I’ve always told my kids that half of going to school isn’t the textbook knowledge you gain, half of it is learning social interactions. Those are needed as much now as 100 years ago. Are we going to be raising generations of hermits?
Same thing goes in my specific situation. Every week that passes I get a little more used to not spending my Fri and Sat eves on the town. And if things don’t open soon, the restaurants will fold and that option will be gone anyway.
We went to Dockside a couple of weeks ago for dinner…since it is outside, it has remained open. While standing in line, things sounded wildly loud, almost making me uncomfortable. I leaned over to my wife, “does it seem loud here to you?”. She shook her head. You’ve just adjusted to our quiet house 24 hours a day, she said.[/quote]
Agree with so much of this. For myself and many I learned much more in college living on my own and dealing with my peers than from my classes. And its not just college its high school also. Right now Im listening to my daughter and 3 friends attending classes in a 15′ x 10′ tent classroom I built for them. Its big enough that they can stay safely distanced from each other. I couldnt bear to watch them go through their senior year classes sitting in bed in pajamas all day. From the periodic fits of singing I know they are having a much better experience.
Once they go back to physical classes perhaps I’ll convert it into a wine bar:)
And yes, purchases often have more twists and turns then you could ever anticipate. Every real estate transaction is different. We arent selling books, vacations or cars. Thats one of the things I enjoy most about it
