Free World - September 15, 2021

Surging housing costs and remote work are sending droves of Americans to live in…


Surging housing costs and remote work are sending droves of Americans to live in new, fast-growing exurbs of metropolitan areas in the Southeast, where suburban living has long been concentrated closer to the city.⁠ ⁠⁠
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In 2020, net migration into a large group of exurban counties rose 37%, according to an analysis of U.S. Postal Service permanent change-of-address data by Journal. Nearly two-thirds of the flow came from large cities and their close-in suburbs.⁠⁠
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Exurban areas, which include 240 counties as defined by the Brookings Institution, grew at almost twice the national rate over the past decade, a shift that began before the pandemic. There are signs it is accelerating this year as Americans prepare for an expected post-pandemic landscape where increased working from home reduces the need to commute.⁠⁠
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⁠Researchers differ in defining exurbs, but they generally include the fast-growing outer fringes of large metro areas where single-family homes mix with farms and many workers have traditionally commuted a significant distance to the core of the metro area.⁠ ⁠⁠
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The South is benefiting from lower costs that are drawing tech companies and other businesses looking for cheaper locations. In the Southeast, the influx to exurban areas is driving up real-estate prices, crowding schools, worsening traffic and straining government services. It is sparking debates over whether to raise taxes, increase regulations and protect green spaces.⁠⁠
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Read more at the link in our bio.⁠⁠
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📷: @willdeshazer for @wsjphotos⁠⁠



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