Most New Yorkers Would Like to Move if Working at Home
MIAMI – In New York City, 60% of respondents said they would consider moving if they did not have to go into the office to work compared to 52% nationally, according to a Redfin survey.
While many of those city dwellers will likely go back to an office once the current pandemic fades, 28% who have been working from a home office say they expect to continue doing so after the stay-at-home orders are lifted.
Prior to the COVID-19 pandemic, roughly 9% to 16% of respondents worked from home, a number that jumped to between 73% and 85% after stay-at-home orders were issued.
When asked about the desire to move, the city residents cited a high cost of living as their biggest reason in New York, San Francisco, Boston and Seattle. The desire for more land, a better climate, a better place to raise a family, a more desirable city or neighborhood, and proximity to friends and family were other motivators.
Redfin CEO Glenn Kelman said that his company is already getting ready for a “seismic demographic shift” away from large municipalities in favor of smaller cities.
“Some won’t commute at all, choosing instead to work completely virtually from a small town, perhaps where their parents still live,” says Kelman.
Source: Miami Agent Magazine (05/18/2020) Inklebarger, Timothy
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