As the pandemic recedes, small to mid-size companies, which bore the brunt of the lockdown, are set to face a new set of challenges: cope with the influx of migration out of the big cities. De-urbanization is not a new concept; however, in light of COVID-19, the debate has taken on new intensity.
In an article titled: “Deep Dive: How deurbanization has become more than a trending theory,” Kyle Campbell explains why this may complicate small business recovery ability post-pandemic. While the focus of the discussion is on private real estate developments, Campbell thinks other sectors are likely to be hit as well, which includes restaurants, travels, and hospitality services.
The full article can read by clicking on the following link: https://lnkd.in/gurWpxU.