Marcus and Millichap published a new research brief titled “Changing Lifestyle Preferences Shift Housing Demand to Suburbs.” They say that the pandemic has altered housing choices. The report confirms the anecdotal evidence. Although some companies have confirmed permanent work from home situations, most tech giants like Google and Intel have not made any such decisions. So, for now, tech workers are renting, creating more demand for apartments. Free registration is required to read the brief.
https://www.marcusmillichap.com/research/research-brief/2020/08/research-brief-august-housing