Sun Valley Market Review September 25, 2020

Big City Exodus: Where Is Everyone Moving To?

Back in March, major cities like New York City and San Francisco saw an outflux of residents leaving the pandemic-riddled mega metropolises for more cozy and quiet places offered by smaller cities and the suburbs. Some temporarily moved in with families while others left and claimed they will never turn back. Regardless of where they ended up, there was a consistent reason why: living in a highly populated, dense city is not conducive to a world that revolves around social-distancing protocols and shelter-in-place mandates.

City living already features a cramped lifestyle filled with too-close-for-comfort subway rides, overpriced lofts, and underappreciated parks that are sparse and hard to visit. Residents are willing to put up with higher crime rates in exchange for more intriguing and exciting activities, like the spectacular nightlife, unbelievable restaurants, and diverse culture scene. Take those enterprises away and you create a stagnant claustrophobic environment that limits you to the entrance of your stairwell. All things considered, it’s not really surprising why people want out.

FULL STORY HERE