Look at the number of restaurants that have gone under. Most of the small businesses and shops in the downtowns near me are empty.
I’ve had occasion to visit a couple of fair sized cities (300-500k people) ove the past few months. I never cease to be amazed at how empty they are. Several places, you could walk down the middle of Main St in the evening....it’s bizarre.
Meanwhile, real estate outside the cities is through the roof. My neighborhood has increased in value by 40%!in the past few months, and homes are selling overnight.
The shack next door to me here around 15 miles from boston that was recently “refurbished” by We Buy Ugly Houses just sold for 580,000.00 bucks to a very young couple with two new cars who don’t seem to work.
Maybe they are working at home i dunno...
At that price my semi-shack must be worth 700 grand or so.
Now i gotta find a great place to move to in the next few years...