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Old 24-05-2020, 12:56   #393
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 10,407
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Re: Changes on the High Street

It’s not just that. If/when (I view it as inevitable, but the current situation has perhaps accelerated it a decade) the working from home revolution happens suddenly commuter towns towns and some cities could find households in negative equity if it reverses the general trend of migration to cities for employment.

I live in a town where property prices are around 15-20% higher than some a few miles away because of better transport links to two major cities. If I’m working from home, or perhaps only going into the office five or six days per month - suddenly towns where the commute would be half an hour longer aren’t as unappealing as before.
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