Key factors supporting suburban real estate
Reasons the current trends will be sustainable
What the trends mean for the urban core
The migration to suburban living was already underway before the pandemic, but the health crisis accelerated the movement. Some residents moved to other cities, and some moved back in with family, but the biggest movement was to the local suburbs, and for Commercial Real Estate Investors, that migration raised a lot of questions. Was the movement a short-term phenomenon and what does this mean for property types in the urban core? Check out my latest video as I discuss why demographics are a key long-term factor impacting central business districts and urban office spaces.