Pandemic exodus from Los Angeles
Pandemic exodus from Los Angeles
- March 24, 2022
- Jan Brueckner, economics, KNBC, March 24, 2022 (Video)
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UCI Distinguished Professor of Economics, Jan Brueckner, has done a lot of research on this topic. He explains work from home is one of the big reasons people left major cities in 2021 when COVID-19 forced employees to work remotely. “People are leaving high housing cost areas, like LA, San Francisco and New York, while keeping their jobs in those places, but relocating to cities that are cheaper.”
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