Postby NVHusband » Wed Nov 30, 2022 6:42 am
Yes, it’s a trend across all major cities around the world. Plenty of broadsheets have been highlighting one of the impacts of Covid. Then we had Brexit and the post 2012 surge now reducing (this surge was mainly driven at the time from Europe as some of their economies struggled in aftermath of the GFC).
Surely you have read the articles notably on the surge in property prices in the country and commutable suburbs?
The biggest movement of people out of cities in decades in “race for space”. Also accelerated the usual shift from Zone1 (single), to Zone 2 (married with young kids) to Surrey/ Kent when eldest hits 8 years old…
Interestingly however, this trend to country is slowly reversing as employers want more staff in the office.
It won’t be a like-for-like reversal but think there will be a surge in post Covid migration of notably younger folk/ students (as noted in recent net immigration numbers). So I expect another surge in 10 years time as current arrivals get married gave kids and the cycle carries on but hopefully with another pandemic that created the spikes/ troughs.