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| -Short Attention Span Theater- |
| Goldman Sachs Says Urban Flight To Last For Years |
| 2021-02-25 |
 [Zero] Goldman Sachs expects the exodus from cities to weigh on shelter inflation. Goldman's Jan Hatzius told clients that it could take years for urban vacancies to normalize. Hatzius' note, titled "Inflation Signal, Healthcare Noise (Hill)," had some excellent commentary on the urban exodus, aligning with our thoughts from last July when we said city dwellers fleeing metro areas could last for the next 18-24 months. Here's what he told clients: |
| Posted by:Besoeker |
| #2 If you no longer need a "big box" factory then why have a "big box" city? |
| Posted by: magpie 2021-02-25 17:35 |
| #1 Between companies emptying their office towers and blue politicians giving criminals free reign, the urban model is kaput. For people who expect to live a normal life, anyway. |
| Posted by: M. Murcek 2021-02-25 11:28 |