Goldman Finds 'Big City Flight' Intact Boosting Housing Prices In Suburbia

Goldman Finds 'Big City Flight' Intact Boosting Housing Prices In Suburbia A team of Goldman analysts led by Jan Hatzius found that domestic migration trends from big cities continued through mid-2023. This trend, initially sparked by virus fears and remote working, was further fueled by rising violent crime in urban areas. People sought peace and quiet, moving to suburbia and rural areas for more land and larger homes. "The recent surge in immigration into the US is now well known. But newly released county-level population estimates from the Census reveal...