As published in the Tremblant Express, August 2020 edition
How should we explain the keen post-containment interest in real estate in Mont-Tremblant? Here’s my answer in six points.
Predisposition
Real estate was bubbling before the lockdown.
Space
The fact of having been squeezed in the city with its dense population has prompted people to want a space in the country.
Acceleration
Some people have, during this difficult period, become aware of the fragility of life. They have now stopped putting off life projects they cared about.
It’s great to be at home
The idea of going from city to country and still being “at home” is attractive.
Telework
People have tried telework. Many people would do anything to avoid being stuck in traffic again five days a week. Many dream seriously of spending three, four or even seven days a week in Mont-Tremblant while working full-time for an employer in the city.
Financial
The secondary residence uses the same money as travel. As most people don’t see themselves travelling as they did before, money is freed up for a secondary residence. As a result, real estate in
Mont-Tremblant is on a roll with record sales and rising prices. This wave of pre-retired and teleworking purchasers will result in positive spinoffs for the region, because it brings more than some weekenders.
These are semi-permanent residents who will help local businesses achieve better balanced annual revenues. While we’re delighted as agents and brokers, we would undoubtedly have lived the lockdown differently if we’d been able to anticipate this post-containment wave of interest in real estate here.
We would have taken the time to put our feet up, because we certainly can’t take a break now.
