Post Coronavirus-19 — butterfly effects

Beyond 2021, we will see a lot of changes in our society. These are mostly due to the Covid-19 Pandemic that started in the end of 2019. A new world order will be arriving. In chaos theory, the butterfly effect describes a small change that can have massive, unpredictable consequences. An insect flaps its wings and, weeks later, causes a tornado.

The coronavirus is more like an earthquake, with aftershocks that will permanently reshape the world.

The world after COVID-19 is unlikely to return to the world that was.

Here are some developments:

Work from Home (or anywhere in the world) If remote work becomes the mainstay, a lot of commercial real estates will be devalue. This will mean that residential real estates will recover faster compared to the commercial real estates. With work forces now located in kitchens, basements, and attics, what will happen to all those sleek urban office towers and their glossy suburban counterparts?

Physical retail stores will reduce, replaced by expansion of e-commerce. The pandemic crisis has accelerated the pace of digital transformation, with further expansion in e-commerce and increases in the pace of adoption of telemedicine, videoconferencing, online teaching, and fintech.