With a health crisis and an economic crisis raging at the same time, picking the most resilient markets is hard. You can't just study economic statistics. You also need to cull the health data and look at the impact of the stimulus.
Omar Eltorai, market analyst at Reonomy, has done that and says he knows what areas can weather this storm. "The cities and markets that have fared much better have been those which have experienced a milder health crisis in terms of cases of COVID-19, the strain on their local healthcare system and the reaction of the local consumer and economy," Eltorai says.
Eltorai studied COVID-19 cases data, labor force statistics, state GDP by industry and the price parity across states to measure the relative impact of a hypothetical $1 of stimulus.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
