More anecdotes: I live in the suburbs. Both my neighbors have sold due to suddenly-rising demand in housing. There are for-sale signs everywhere. The people

More anecdotes: I live in the suburbs. Both my neighbors have sold due to suddenly-rising demand in housing. There are for-sale signs everywhere. The people who have already moved in are all from the city (NYC). Coworkers who live in the city are finding it much less workable to live there when they have to stay in small apartments. You can buy a nice, large house in a nice town for the money you spend on renting a small apartment in the city. When the lease is about up, you can close on a house rather quickly (I sold my last house in NJ in 3 days, closed on the new one as fast as both us and the seller could move our stuff) and suddenly be able to walk around and have a backyard. That kind of fairly-quick life improvement is important. Also, now people will worry about "the next virus" when they're in the city. The protests outside their doors didn't help. With employers suddenly becoming rather adept at work-from-home and remote work, the work benefits of stay in the cities have diminished permanently.