3 ms·
Suburbs are hot now but my prediction is that it's not going to have an effect on house prices in the suburbs long term. No doubt that covid and remote work mak
by tinyhouse 6y ago
Suburbs are hot now but my prediction is that it's not going to have an effect on house prices in the suburbs long term. No doubt that covid and remote work make the suburbs more attractive for many. But remote work also means people can spread out more and fewer people moving in to areas with opportunities from other cities/states, which means demand in many hot places will slow down.
My point is, if you look at any major and expensive area, most of the expensive suburb residents are people who moved to the area because of work. Without those people moving in, prices wouldn't have been expensive to beging with.