This is what will change post-CovidJun 12, 2020
I was thrilled this week to be invited to appear on Paul Colgan’s BIP show, a new podcast venture for Colgo which has some huge boots to fill following on in the footsteps of Business Insider’s unparalleled Devils and Details series.
In the forthcoming episode we’ll be discussing demographic and housing market trends, and how they might shift as a result of COVID-19 and over the years ahead.
Cities still dominant
The blunt reality is that since humans domesticated wheat 12,000 years ago there has been an inexorable trend towards living in larger and larger civilisations and conurbations.
The idea that this will all suddenly reverse due to a couple of months of virus disruption is deeply flawed.
There have always been sea-changers and tree-changers, of course, but there’s been no meaningful acceleration in that trend.
Changes at the margin
Some marginal changes may persist beyond this year, of course.
Perhaps fewer people will wear ties to go to the office (do people still wear ties, actually?).
Some may choose to work from home more often, and Zoom meetings will have become a recognised part of the business lexicon.
But living on the Sunshine Coast, where there have been no cases of the virus for months, is giving us a sneak preview into what life will be like once the fear of the Coronavirus fades.
Which is to say, things have gone more or less exactly back to how they were.
Sure, most folks are still being eminently sensible about sanitisation and social distancing.
But beyond that you’d be hard pressed to speak of anything that’s materially different.
The economy is set to reopen with the state borders and the subsequent return of international students, so if you’re planning to make a move into developing a business or preparing to invest then now is as good a time as any.
I discussed these ideas a little further in the short video here
Whenever you’re ready… here are 4 ways we can help you manage your own money and go next level wealth:
- Boom or Bust in 2021 – 20 minute online workshop for investors
Register for my next free online training - Boom or Bust? How to change your investment plan for 2021 - book in here
- Subscribe to our Top 100 Podcast for Investors
- Join our Implementation Program
We’re putting together a new coaching case study group this month for private investors. If you’d like to get the plan, tools and timeless principles for managing your money and creating next level wealth … just send an email to [email protected] with the word “Case Study” and we'll get you more details.
- Work with me privately
If you’d like to work directly with me and Stephen Moriarty directly to help you map out and action your next level wealth plan… just send an email to [email protected] with the word “private”… tell me a little about your situation and what you’d like help with, and we’ll get you all the details!