2021 Southern California Forecast Report17 Dec 2020
While the world was dominated by the effects of the Covid-19 pandemic in 2020, the Southern California economy was not exempt from the havoc. Volatility and uncertainty were primary influencers for dealmakers for the majority of 2020 and will continue to weigh on decisions in 2021 and beyond. Some level of disruption in every aspect of the economy will likely be the defining feature of 2021. If anything is certain for the commercial real estate industry, it’s that more time will be spent evaluating potential scenarios as experts struggle to anticipate reactions to new developments in the story of the pandemic.