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IPFS News Link • Housing

Rural Real Estate Prices Rise as People Consider Leaving Cities


The COVID-19 pandemic has already changed the way Americans live, but its long-term repercussions may be with our world even after the virus is eventually controlled. A range of indicators looking at Americans' economic decision-making shows the virus is impacting how we spend money, how we shop and perhaps, even where we want to live.

Together the data serve as a reminder of how consequential the coronavirus could be to the country's future, even beyond health concerns, as the nation tries to get a handle on a growing number of hotspots around the country.

The most common word associated with the virus, through its rise and plateau and renewed rise, may be uncertainty. And that mood is reflected in a shift in how Americans are spending.