Zillow chief economist: Covid-19 isn't causing people to leave big cities -- at least not yet

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Zillow chief economist: Covid-19 isn't causing people to leave big cities -- at least not yet
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'Those living in America's biggest cities may be questioning whether they should hunker down or flee to bigger, more open spaces,' Svenja Gudell writes for CNNBusiness Perspectives. 'But so far there's no data yet that shows it's a widespread phenomenon.'

Svenja Gudell is the chief economist of Zillow Group. The opinions expressed in this commentary are her own.

.leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } @media screen and { .leftside-floating-image { float:left; width:50%; max-width: 200px; display:block; margin:0 1.5rem 1rem 0; } } Those living in America's biggest cities, where apartment-living and dense urban environments have made weathering the coronavirus pandemic more daunting, may be questioning whether they should hunker down or flee to bigger, more open spaces.

People are still searching for homes, but traffic on Zillow does not show more urbanites suddenly looking to move into suburban or rural areas. Nor are waves of home shoppers seeking to flee large cities for smaller ones.

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