As the coronavirus pandemic struck in March, there was a collective holding of breaths in many industries about what the impact might be. New home builders and developers braced themselves for potential catastrophe. “I’m like, oh, great, is this going to be like the 2009 recession again?” said developer Jack Ritchie of Ritchie Development. “We thought the world was going to come to an end, and we wouldn’t have any sales,” said developer Jay Russell of J. Russell Communities.
Source: Carrie Rengers: Business Columns & Blogs |