From Coastal Boom City to a Zoom Town Near You
“We used to live in tall towers and go into these places called ‘offices’. They are like houses, but everyone wore skinny jeans and J Crew shirts.” – All of us in 20 years.
In the past year, 7/10 American workers moved online — a stark change from the 10% of us that got to brag about it. This year, parents sent out “the Zoom” meetings, your couch became the office and you instantly realized that you didn’t need to live above a nightclub to save time for your commute.
According to research from Zillow, two million renter households are in the market for homeownership because they are able to telecommute, 5% of all moves were pandemic related with almost 3 million adults moving in with their parents. Where did you all go?
Miami, Denver, Austin, Charlotte, Nashville, Gilbert, Bozeman, Jackson, and Truckee… It sounds like the invite list for a 3-year-old’s birthday party, but it’s where populations are bursting with Avocado toast hungry, demand-generating SDRs moving in their standing desks.
That said, we’re not ready to rule out offices and big cities but we’re excited to watch everyone clean their eavestroughs.
