I think this is right…with COVID, the riots and the associated social-economic turmoil , we may see continued structural changes to urban-suburban-rural living trends. This in turn will lead to meaningful lasting changes in real estate and labor markets.
https://www.zerohedge.com/markets/goldman-sachs-says-urban-flight-last-years
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Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.
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