An interesting article, shared by a client recently, from the Telegraph looks at the increase in a need for second homes or properties after the experience of quarantine and lockdown in certain communities and countries. Forced to spend more time than normal in your home, has it made you reconsider your home design or purchasing plans?
With the need for isolation there has been a certain increase in the search for second homes or vacation properties in order to get out of congested suburbia and cities. People are in search of gardens or large green space, home office and more privacy. The creation of personal private bubbles means people are safe and setup from a possible second outbreak.
Also mentioned in CNN Business, unable to endure major travel for the next while often the only way people have to get away is if they have access to a family owned second home. Instead of just spending a few weekends a year, many are shifting towards moving their lives to these locations for long periods of time. The traditional routine of heading back to the office for Monday mornings is no longer, "Seasons don't matter much anymore and we've all learned how Zoom works".
This also means your current private backyard, updated home office and community green space has definitely increased in value compared to that of shared elevators and common elements in condominium buildings.