Bob FraserCFO & Macro Strategist | Data-Driven Investing Expert | Speaker & Author

I’m seeing a lot of people coming from out of the cities moving to the suburbs | Shifra Ansonoff

Name: I’m seeing a lot of people coming from out of the cities moving to the suburbs | Shifra Ansonoff
Uploaded: 2022-09-13T14:00:33+00:00
Duration: 40 s
Channel: Bob Fraser
Description: In this brief spoken segment, the speaker notes a noticeable increase in people moving from urban centers, especially New York, to suburban…

13 Sept 2022 · 1 min

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In this brief spoken segment, the speaker notes a noticeable increase in people moving from urban centers, especially New York, to suburban neighborhoods. The primary reasons cited are the desire for larger living spaces, the ability to work from home, and access to better school districts. The speaker contrasts this with earlier career experiences where individuals chose their residence based on where a job was located, building their home and real estate decisions around employment. The current trend appears to reverse that pattern: people now prioritize where they want to live first and then seek jobs that accommodate that lifestyle choice.

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What I'm seeing is a lot of people coming from out the cities, moving to the suburbs. So we have a lot of New York drivers driving around my neighborhood, by the way, but basically, you know, people looking for bigger spaces, working from home, really trying to get a little bit more land, um, coming to attractive school systems. What I see happening is really, you know, contrast to where I was when I started my career, you kind of went where the job was. And that's where you ended up living, right? You built your home and real estate decision around that. It seems to be becoming a theme of where do I want to live? And then I find, and then I have the job that will accommodate.