Technology is Changing Rapidly
Those like Shalom Lamm who have been adept observers of all that’s transpiring since the Coronavirus outbreak economically, are viewing opportunities for investments. Indeed, the economic hardship many are feeling is an unfortunate reality and a function of the times. Prayer is certainly in order, to uplift these people and give them inspiration and hope.
The economic opportunities are vast especially outside of major metropolitan areas. This in part has to do with the rather claustrophobic conditions that those residents in major city areas are subject to. As a result, there’s been a mass exodus outside of these cities down south and to other more rural areas.
The real estate prices have consequently, appreciated in more suburban areas, while depreciating exponentially in major cities. Perhaps no city has been more representative of this change than New York City. The Big Apple has always enjoyed high real estate values for its residential and commercial properties. But is this a trend that is here to stay? According to those like Shalom Lamm, it certainly might be. And technology is a part of the picture.