This is what will change post-Covid

Demographic shifts

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.

Grand opening

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 

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