Is Migration Away From Urban Areas A Trend Or Here To Stay?
By SCOTT KIMBLER With Americans working from home since the start of the COVID-19 pandemic, some densely populated areas of the United States are losing residents as people move to the suburbs to escape city life, and those watching this trend say landlords shouldn’t hold their breath hoping a younger generation of renters will replace them. Elizabeth Rose of Mortgage 300 in Dallas, Texas, says there are a variety of reasons why people are moving out of big cities and isn’t sure if this migration to the suburbs and rural areas will continue after the pandemic ends. “We are seeing a trend in my area of people moving outward and there are a few factors driving this,” Rose said in…