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Sean Dobson on the US Real Estate Industry
Masters in Business
E-commerce Reshaping Businesses and Real Estate
The rise of e-commerce, accelerated by the pandemic, is transforming traditional businesses and real estate. Grocery stores, once loss-leaders, are now distribution hubs. This shift requires other businesses like dry cleaners and shops to adopt technology for pick up and delivery services. Real estate pricing is undergoing a re-pricing phase to accommodate the new demand, highlighting the need for more walkable communities to support a variety of retail options.
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