Since last year the work from home and e-learning environment have proved to be some of the efficient ways of communication. The recent covid crisis has resulted in economic hardship for people of all ages. People are looking for opportunities of cost cutting. Migration from large metropolis is one of the recent moves observed in large cities like New York, San Francisco, Los Angeles, where people are moving to the areas in Idaho, Indiana and Oklahoma to minimize the cost of living including rent and mortgage. Is this trend observed worldwide?
The people are migrating from costly cities to medium level states to have nominal household consumption expenditures.
The affordability has declined and purchasing power of the individual
Thank you for commenting, Dr. Marisennayya. Affordability has been declined with the recent loss of business in every sector.
Thanks for the feedback, Dr. Gruenwald. The after-effect of covid pandemic could be pandemic in various sectors.
In Argentina this phenomenon is not clearly observed yet.
Thank you, Dr. Calvet. Countries with vast economic disparities among various areas observe these kind of out-migration trend prompted by the economic hardship due to pandemic.