The pandemic has fundamentally altered many aspects of our lives. Offices in major cities worldwide now offer employees the option to work remotely from home, which eliminates the necessity of paying high rents in urban centers.
The principle of social distancing has also made living in densely populated areas less appealing. There is now a significant demand for single-family homes in the suburbs, particularly those equipped with dedicated rooms for Zoom video conferences.
Unlike de-urbanization and counter-urbanization, the new movement of suburbanization suggests that individuals remain close to the vibrancy of major cities but choose to reside in more private and spacious properties.
For investors, this trend may prompt a shift in real estate investment strategies, as well as an interest in companies that provide services tailored to the needs of homeowners in suburban areas.
