We’ve also seen a demographic change among those renting and those buying everywhere we have property, and, as mentioned, it isn’t just happening in San Diego.
Along with other variables in play, it seems the pandemic unleashed an inner awareness among renters and buyers that, for those who can afford it, they might as well live life the way they want to live it here and now, rather than wait for retirement–which is a philosophy I’ve always espoused–especially since life is short.
Whether this new normal is sustainable, and, if so–what the negative impact of this new normal might be for society as a whole–only time will tell.
