Shalom Lamm recognizes that the nature of the real estate industry has changed dramatically in recent years. Of course, with these numerous changes have come incredible opportunity. Those that have been most prudent and analytical in understanding the trends that are happening in the industry, are able to capitalize on these changes in a way that suits them financially and drives profit to them personally, and indeed to their respective businesses.
According to Shalom Lamm and other noted experts, these changes have not all been negative for the industry. On the contrary, there are certain aspects of the real estate industry that have indeed been plagued by a sort of archaic and antiquated mode of thinking. These changes have helped accelerate adaptation to these developments that otherwise would not have happened. These adaptations have proven consequential in the ways investors view and interpret the market and its respective trends, patterns and habits.
The real estate market is presently struggling particularly in city and urban areas for the Coronavirus pandemic and the effects it has had. But this is the nature of the cycle in real estate. It’s a cycle that indeed accelerates and does so in rapid terms. Let’s not lose sight of the changes that are happening. But let’s also not lose sight of the need to conform in a way that is suitable.
real estate will always be a stable investment. It will always be an industry filled with creative people who understand how to innovate. These changes will not affect them in the way they may affect others. The trend lines will continue emerging but smart investors will survive.