The pandemic has created a set of new lifestyle circumstances that is propelling affluent trailblazers to make residential moves in 2020. One of the factors contributing to the rise in relocations has to do with changing residential preferences.
With teleworking taking off and commutes becoming less of a consideration, affluent trailblazers are looking to make a move to improve their overall quality of life since they are spending more time at home. They are looking for amenities to entertain their families. Outdoor spaces, pools, recreation rooms and game rooms have emerged as high on priority lists. Zoom Rooms for video conferencing, home offices, flex spaces, and home gyms are other new must-haves. They are willing to move out of cities — even if it’s just temporary — to get more land and a little more to do at home.
For more on what’s driving these trends, read the complete 2020 report, “A Look at Wealth: Affluent Trailblazers.”