Opinions differ on whether the flight of urban residents from big metropolises as a result of the COVID-19 pandemic portends a decline among the nation’s cities.
Some researchers say this trend marks a long-term shift away from urban living. Others see the trend as a temporary change that will reverse over the next few years.
Population reduction puts in place a cycle of declining rents creating greater affordability, which could make them attainable for more people—and perhaps for more businesses if vacancy rates continue to rise. This could contribute to a comeback for large cities.
Second-tier cities are weathering the COVID storm better than the nation’s largest cities. In fact, in recent years, these smaller, non-gateway cities having been growing GDP faster than traditional gateway markets, like New York. After COVID, this trend is likely to accelerate.
Related Stories
Codes and Standards | Feb 13, 2017
Calif. commission approves ‘emergency’ balcony code changes
The changes apply to multifamily, hotels, state-owned buildings, and public schools.
Codes and Standards | Feb 9, 2017
Google-initiated program aims to get construction industry to use healthier building materials
Portico platform features a database of products ranked on how they disclose ingredients.
Codes and Standards | Feb 7, 2017
Newer structural standards mitigating earthquake impacts in Oklahoma
Buildings constructed in the last two decades are largely holding up to increased seismic activity.
Codes and Standards | Feb 6, 2017
New York State offers $36 million for energy efficiency on commercial buildings
Programs will provide money for both owners and renters.
Codes and Standards | Feb 6, 2017
New white paper on modular bathroom pods offers insight on best uses
When to use them, cost, and installation are issues that are explored.
Codes and Standards | Feb 3, 2017
Justice in Design initiative to explore how to design a modern jail
The report will inform design principles for New York City jails.
Codes and Standards | Feb 1, 2017
Massachusetts, Colorado, Illinois lead annual Top 10 States for LEED Green Building list
LEED for Building Operations and Maintenance the most popular rating system in top 10 states.
Codes and Standards | Jan 31, 2017
Planning for world’s first floating city underway
New approach to resiliency examined in French Polynesia.
Codes and Standards | Jan 30, 2017
Denser development could reduce emissions more than building energy retrofits
More tightly packed cities would cut building emissions significantly, study says.
Codes and Standards | Jan 27, 2017
Calif. legislator proposes statewide solar mandate for new buildings
It would be the first such requirement in the U.S.