Return-To-Work Measures May Stress-Test Wider-Radius Theory

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Now here we are, and the big bets on new normal new geography appear to be these:

• Suburban growth within latter-day striking distance to major metros – allowing for hybrid in-person vs. work-from-anywhere flexibility, more attainably priced housing, and room for family formation.
• Smile States’ appeal – for smaller-town, closer-knit community living, for attainability, for generally lower taxes and less regulation, for natural amenities like warmer climes – includes both larger uban metros in Florida, Texas, and California, as well as secondary and tertiary markets.

Not so different than pre-Covid. So, the answer to the question may be, what we first observe as a new trend is actually a blip and what we’d at first believe to be a temporary blip is, in fact, part of a longstanding trend.

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