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Covid migration effect on Phoenix/ Chicago/ Dallas MF ?
Hello all,
Recent news articles show strong migration from metro areas to suburbs. People that once had to rent a unit in multi family, can now possibly rent a whole home in far suburbs or save elsewhere for a home purchase.
My question is for those MF professionals in Dallas/ Chicago/ Phoenix metro areas: are you seeing an exodus of class a/b renters leaving the MF world? My worry is that this and the following year may be a bad time to buy for the 2-4 unit world. Perhaps SFH may be the best option for the immediate future.
I welcome all evidence- based articles that you may have found relevant!
Thanks for your time,
Danny