23 Jul 2021

COVID-19 flight: No great migration but a catalyst to existing trends

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COVID-19 flight: No great migration but a catalyst to existing trends
by Indraneel Karlekar, Ph.D., Senior Managing Director, Global Research & Strategy
Madhan Rengarajan, CFA , Director- Credit & Capital Markets Research
Arthur Jones, Director Real Estate Research
Jonathan Ling, Senior Analyst - Research

The COVID-19 pandemic has uniquely affected workers as it forced millions into remote roles for the first time. Yet, despite the rise of telecommuting and advancements in digital communication over the past two decades, migration trends across the nation have actually been in decline after peaking in the 1980’s. We wonder: Has the COVID-19 pandemic reversed this secular trend or will it be a temporary black swan event? Read our special report on migration.