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Real Estate
Reply to "NYTimes: College educated workers are leaving DC due to high housing costs"
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[quote=Anonymous][quote=Anonymous]Yes, housing is expensive in DC, but 2020-2021 was also prime pandemic. Lots of the great things about living in a city were not really that great at the time. With many restrictions at the time and the opening up of telework, a number of people who would have been happy to live in more urban areas in smaller apartments decided to move. It will be interesting to see if there is a return or increase in 2023 of people moving back now that city amenities are more open and accessible. [/quote] Ding ding ding - this is a big one. And even now, many places are switching to virtual work or hybrid work permanently and we have yet to see the permanent impact of this. We are looking to move out of the city because two parents who didn't work remotely at all now both work for companies that embraced hybrid work. Two of us home together on conference calls in a tiny rowhouse where we don't even have desk space other than our kid's desk isn't cutting it anymore, but was fine pre-pandemic. [/quote]
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