Several major cities in the United States recorded a historic decline in population density between 2020 and 2021, as reported by "Fortune" magazine. U.S. census data revealed a record number of Americans changed their residences over the past two years, highlighting that the COVID-19 pandemic caused people to reconsider living in the city.
The article emphasized that a segment of Americans opted to move to livable and affordable areas, particularly in tax-free states rich in jobs such as Arizona and Texas. It noted that cities in these states experienced significant population growth during the pandemic, with most new residents coming from distant coastal cities.
According to "Fortune," several large American cities recorded their largest population declines in over a decade. However, a new study conducted by "OJO Labs," a real estate-focused platform, also found that the vast majority of those searching for new homes are "unwilling to move to distant areas" and are instead looking to buy near their current residences. The study did not reveal the reasons behind Americans' preference for homes not far from their current locations.
