by Tyler Durden
People and companies are leaving American cities in droves. An urban exodus could persist for a couple of years as the virus pandemic and resulting socio-economic implosion has exacerbated quality of life problems – violent crime, homelessness, rising taxes, and high cost of living – those were some of the reasons, even before the pandemic, forcing city dwellers to rural communities.
We’ve presented enough evidence (see: here & here & here) of city dwellers fleeing for the exits, some of which was due to the virus pandemic unleashing a technological wave of remote working, allowing these folks to work anywhere with an internet connection.
So what about firms? Are they also running for the exits?
