So, is there anything at all that hasn't changed? Hmmm....it all seems new new new. In my tiny island home, we are experiencing the other side of turning to an online world.
With another closure underway (the provincial government says: no travel unless you have to...in an effort to flatten the curve of phase 2 covid outbreaks), we are seeing businesses decide to close for good.
All tourism economy regions are hard hit. Although in that first phase of the virus, around March 12th, retail stores that could do so did work to become online savvy, not all were able to do this.
The flip side of marketing that they can be reached online is that this digital world puts everyone in a global marketplace. That means someone here is in competition with something similar in Paris, in Seattle, in Melborne, in Singapore. Does this mean that choice and price are now the keys to success?
The one thing that is noted in real estate sales: the easing of restrictions in phase one of the pandemic unleashed a lot of city dwellers...they are still looking for rural apart places to move to. The city mouse definitely wants to be a country mouse. This implies, though, that one can work from home...not the case for everyone. Low inventory is the mantra, too, as most rural owners don't want to be sellers right now... and that can result in price escalation. Hmmm.....
The government is encouraging people not to celebrate their seasonal traditions, many loved events here have been cancelled, and in spite of pleas to shop/think/support local, the reality is that online purchasing is the mainstay.
With the ability to stream our listings, we may now start to see people buying without a physical viewing. Your thoughts?
Well, I know the chorus of this one: change, change, everywhere a change. It's neither good nor not good...it's just different.