News summary

This buying surge is led by young couples with two sources of income who feel secure in their jobs. Government lockdown policies are likely to have an impact not only on where Americans choose to live, but also on how. There may be a reversal of the pattern of millennials choosing large, dense urban metropolises. The size of homes is also likely to play a role, since staying at home is hard, but the smaller the space, the worse it gets. As companies grow increasingly comfortable with their workers operating from home offices, policies of going into the office only once or twice a week may become common. As a result, millennials, the sharing generation, may move further and further away from major urban centers.

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Original title - Homebuilders suddenly see sales jump as renters flee small urban apartments

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Published by Ativore Asset Management