There’s a fresh sign that former urban dwellers who have fled to small towns during the pandemic are treating the move as permanent: opening shops and other small businesses, such as rental offices, in their new locations. “These transplants … are eager to recreate their old businesses or try new ones,” The Wall Street Journal reports.
Some real estate professionals say they’re seeing quicker sales for commercial properties and office space. “We have people with much higher incomes that are moving up here,” Raj Kumar of Select Sotheby’s International Realty in Saratoga Springs, N.Y., told the Journal. Commercial real estate sales in Columbia, Greene, and Dutchess counties are more than four times higher than they were a year ago, Kumar says.
Continue… https://magazine.realtor/daily-news/2021/02/01/some-ex-urbanites-settling-into-small-town-life