In an interview with MoneyCab, Beat Kähli talks about the upcoming development projects of sitEX Properties Holding AG and the effects of the corona virus on the real estate market, among other things.
“Covid-19 leads to an actual flight from the inner cities and high-rises of New York, Chicago, Philadelphia, etc. to Florida, respectively from metropolises like Los Angeles and San Francisco to Texas, to the suburbs. In Florida and Texas, it is still possible to buy a house with a garden and pool for $300,000. Life in the suburbs is much the same as before, despite the Corona restrictions. Barbeque in the backyard, distance from neighbors, etc. instead of crowds in the subway and in Manhattan high-rises.”
-Beat Kähli, CEO sitEX
You can find the German interview with MoneyCab here .
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