One in three Americans plans to move in the next 12 to 18 months or is undecided about staying in their current residence, according to the latest results from Pitney Bowes's weekly BOXpoll.
Gen Z adults, millennials and city residents are most likely to move, according to BOXpoll. Additionally, one-third of all movers say they want to relocate to densely populated locations.
"Work-from-home policies are becoming more prevalent and more permanent for many Americans. That means where they choose to live is less dependent on who they work for than ever before," Gregg Zegras, EVP and president of Global E-commerce at Pitney Bowes, said in prepared remarks. "This change is inspiring many individuals to move, or to think about where they want to live in a new context."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.