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2020 was the year urbanites took flight. But many of them didn’t go very far.
The pandemic’s great migration boom mostly consisted of urban dwellers leaving big cities for its directly outlying suburbs, according to a recent Jefferies note that analyzed the latest USPS data. “Large central metro” areas like New York City and Houston saw the biggest exodus, while “large fringe metro” areas saw the biggest influx of residents.
The trend is evidence that city dwellers sought more space during the pandemic but still wanted to remain close to cities — where employers and entertainment details ⇒
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