Zillow CEO: Real estate market is beginning 'great reshuffling' as people seek more space at home

"I believe we are at the dawn of a great reshuffling," Barton said. "I'm sure I don't need to spell it out for you because we are all living it, spending an average of nine hours more per day at home. Zoom meetings are changing the way families think about space and privacy. Home offices are in high demand. Backyards are more desirable than parks and gyms. Work-from-home policies are eliminating the commute for many. There's an endless list of considerations.

Millions of people are considering moves for a slew of reasons, mostly to right-size their living spaces or get closer to family, he added. With some employers not expecting to bring workers back into the office until there's aCompanies could also fundamentally change how they want employees in the office.

With current high construction cost in US, it is hardly to believe that people will prefer expensive homes with more privacy and space. Here is data from Arcadis.

Hmmm at home? = new stuff = $OSTK

I thought this was Steve Mnuchin at first glance. There is indeed about to be a great reshuffling. People can’t afford rent and mortgages so people are about to be shuffled to the streets. Thanks to our government.

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Airline CEO: Industry 'needs the support' of Fed Gov.The CEO of Frontier Airlines, Barry Biffle, joins Ayman Mohyeldin after President Trump signaled he was willing to provide COVID relief funds to the airline industry. Biffle, whose company has alerted 1,500 of its staff they may be furloughed, welcomes the financial support, and stresses to potential customers that it's now 'time to fly' in order to save the industry. Translation: my salary is dependent on stock prices and bonuses; I couldn’t give a shit about employees. So please fly, I need that third house. 🙄 My doctor begged me not to fly. She said the risk was so high and I'd do nothing but either get sick or get others sick. And I fully trust her advice. I'm not flying anywhere until the virus is under control or there's a vaccine. To fly or die, that is the question.
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