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The Future of Real Estate in a Post-Pandemic Environment
| Journal of Real Estate Studies
The Future of Real Estate in a Post-Pandemic Environment
Authors
Jagath Munasinghe
University of Moratuwa
Abstract
This article presents a hypothetical review of the envisaged changes in built environments, institutionalized planning processes and the real estate sector under the ‘new normal’ post-pandemic situation. While the dominant discourse in planning and urban development envisages a drastic change in human behavior, responding to likely future pandemic situations, causing a major transformation in the order of public spaces, the form of cities and the methods of planning, this article discusses the uncertainties associated with such ideologies. Further, it questions the possibility of catastrophes to change built environments and the necessity of pandemic-adaptive planning.