Will We See a Post-Coronavirus Surge in Relocation?
According to John Burns Real Estate Consulting, the aftermath of coronavirus may see some huge changes in where people want to live. The agency recently predicted what it calls The Great American Move.
The idea is that we are going to see an enormous increase in relocation in the near future resulting from changing behaviors related to personal safety and security, financial challenges, shifting perceptions of quality of life and personal comfort, and how we define the workplace. These shifts will influence both households and businesses to consider relocations in the coming months. For real estate investors, this massive move could generate new opportunities, including some of those highlighted in the infographic below.