Covid-19 May Fuel Migration From High-Cost Cities, Analyst Says
- Susquehanna sees smaller, cheaper locales enticing newcomers
- D.R. Horton, Lennar among ‘likely net winners’ in homebuilding
A pedestrian walks across the Brooklyn Bridge in New York on April 1.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
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The Covid-19 pandemic and the resulting remote work boom is accelerating a “Great Migration” from expensive and tax-heavy coastal regions and major cities into more affordable states in the U.S. South and West, according to Susquehanna Financial Group.