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Updated almost 4 years ago,
Why Renters Are Leaving Urban Areas - Check Out This InfoGraphic
I thought this was worth sharing; another telling article. This one written in NASDAQ “The Urban-to-Suburban Exodus May Be The Biggest in 50 Years.” This article provides data on the reasons why New Yorkers are fleeing urban centers. The top 5 reasons were cost of living, crime, looking for a non-urban lifestyle, concern over the spread of the coronavirus and the ability to work from home. Though this article was written in 2020, the exit migration continues in 2021.
Question: Do you think real estate in suburban areas will thrive in 2021 and 2022?