Allison Mcnealy, Bloomberg, Nashville discussed on Bloomberg Businessweek

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Do This is a Bloomberg money minute out of town buyers are outbidding longtime residents and some hot housing markets Bloomberg reporter Allison mcnealy says many of them left big cities since they can work remotely anywhere Because they have these high paying jobs and many of them are keeping their salaries We've seen that they are able to overfit locals or their budgets are higher than local by as much as 30% Nearly adds up once they're settled they are staying They have children who are enrolled in school now You know they may like having a backyard or you know not having an hour long commute or what have you I think it sort of dovetails with a larger trend that the pandemic has brought forward which is that people are just reevaluating their relationship with work Nearly says Americans who sold their homes in pricier markets and moved to less expensive areas such as Nashville Philadelphia Las Vegas often feel like they are getting a great deal Plus relatively cheap mortgage rates have boosted demand in smaller cities where properties sometimes spark bidding wars and Kate's Bloomberg radio Wake up and text text and eat Text and catch the bus Text and miss your stop Text and be late to work Sorry Blake Text and work Text and pretend to work Text and act surprised when someone calls you out for not working Who me Text and meet up with a friend you haven't seen in forever Hi Oh hey Text and complain that they're on their phone the whole time Text and listen to them complain that you're on your phone the whole time Text in whatever But when you get behind the wheel give your phone to a passenger put it in the glove box Just don't text and drive Visit stop texts stop Rex dot org A.

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