An uneven economic recovery from the COVID-19 crash is increasing the divide between the haves and have-nots, and the rift will extend to the commercial real estate market, according to a new report.
The report explores how some economists' theory that the country will see a "K-shaped" economic recovery might also create an unequal recovery in the office, retail and housing segments of the real estate industry.
This idea of a "K-shaped" recovery essentially means that the COVID-19 economy is showing that a rising tide does not raise all boats equally, said the report, "The case for a 'K-shaped' recovery?," by Ryan Severino of JLL.
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Angela Morris
Angela Morris is ALM Media's Texas litigation reporter. She covers lawsuits in all levels of Texas state and federal courts. Based in Austin, Morris earned journalism and government degrees from the University of Texas at Austin in 2006, and since then, has worked primarily as a reporter and writer, but also has skills in videography, photography and podcasts. Follow her on Twitter at @AMorrisReports.
