(Featuring Jayanth Ganesan, Real Estate Research Analyst, Nuveen)
The economic impact of COVID-19 will not be felt equally across the US. Which metros are well-positioned for life after coronavirus (and why)?
https://www.afire.org/podcast/resilientcities/
With social and leisure events canceled, many stores and offices closed, and malls and airports well below capacity, the coronavirus pandemic may seem like a unique economic challenge that will fundamentally change how metro-level economies function.
However, new analyses from Nuveen Real Estate suggest that cities with high exposure to non-cyclical industries based in science, technology, engineering, and mathematics (STEM), and strong demographic trends, will see a much less severe economic impact from the coronavirus pandemic than cities with high exposure to cyclical, overvalued, or undercapitalized industries, and weak macro drivers.
So after COVID-19, which metros will fare best? Nuveen Real Estate research analyst Jayanth Ganesan has some ideas.