With a health crisis and aneconomic crisis raging at the same time, picking the most resilientmarkets is hard. You can't just study economic statistics. You alsoneed to cull the health data and look at the impact of thestimulus.
Omar Eltorai, market analyst atReonomy, has done that and says he knows what areas can weatherthis storm. "The cities and markets that have fared much betterhave been those which have experienced a milder health crisis interms of cases of COVID-19, the strain on their local healthcaresystem and the reaction of the local consumer and economy," Eltoraisays.
Eltorai studied COVID-19 casesdata, labor force statistics, state GDP by industry and the priceparity across states to measure the relative impact of ahypothetical $1 of stimulus.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
