2 ms·
My guess is because with the rise of telework/distributed people don’t need to live in urban centers, therefore they are more flexible on where to live, therefo
by prepend 5y ago
My guess is because with the rise of telework/distributed people don’t need to live in urban centers, therefore they are more flexible on where to live, therefore want houses and walkable neighborhoods. Since it’s hard to make more of these quickly, demand will rise.
If more companies come out of COVID with liberal remote work policies, and I think they will to compete, this will make demand for these houses go way up as people start making long term plans (eg, “I can’t move the kids to a new school until I find out if work sticks with telework”).
I also wonder if there are more exurb dev deals breaking ground with planned communities 1 hour away from large metro areas. I think it’s good time to invest in semi-remote small towns with fiber to the home.
- oblio 5y ago> walkable neighborhoods. Is there any proof of this? Or just a wish?
- prepend 5y agoJust my guess. I live in a burb and have seen housing prices spike. And my city metro sprawl affected prices and that’s becoming less of an issue. Not sure how to actually know this unless there’s Gallop polls or something.
- oblio 5y agoFrom what I've seen, American suburbs are not very walkable. I mean, they do have sidewalks, but most of them are not places where you'd want to walk around, since everything is so far away.
- prepend 5y agoSame for me. But there are some and it seems to be getting better. And it’s possible to see walkability scores [0] on Zillow and other buying sites. I think the suburb/exurbs with more sidewalks and walkability will distinguish from their competing cities. While I’d rather live in Paris with everything a few steps away, a half mile walk for dinner is actually pretty nice. [0] https://www.walkscore.com/methodology.shtml https://www.walkscore.com/methodology.shtml
- navd 5y agoHonestly I see the opposite happening. A fresh wave of young distributed workers coming into urban centers.