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Chief Investigator's avatar

Essentially, there is an optimum distance from the urban nucleus, depending on that urban area’s population size, where a convergence of steady income, family life, amenities, and living enjoyment make settling down there the most logical choice.

I definitely see the common sense there. It’s sometimes nice to live in a city when you’re young and you want to see many things and be at the centre of the action, but when you have a family, wife, children, a dog, other considerations take precedence.

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forumposter123@protonmail.com's avatar

https://www.redfin.com/news/wp-content/uploads/2023/02/Aggregate-Value-Urban-Class-1024x768.png

The vast majority of real estate value creation occurs in the suburbs.

I would guess that WFH / 3 days in office will move the center of gravity from inner suburbs to outer suburbs.

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