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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: John Vosilla who wrote (5883)7/16/2020 6:50:21 AM
From: elmatador2 Recommendations

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Cogito Ergo Sum
kidl

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The 70s and 80s saw the move from inner cities. Inner cities never recovered.
Covid may prompt a move from cities altogether
When the wealthy move, the tax base moves too.

Nearly half of wealthy individuals may move out of cities permanently, according to a new study on lasting life changes after coronavirus.

In a survey of 3,750 wealthy investors, "forty-six percent may forsake cities for less populated areas," says UBS, a Swiss bank which conducted the poll.
Rich Move To The CountryMany are already putting their plans into action. In the U.K. country houses priced over £5 million ($6.5 million) have seen the strongest price growth of any property type in the country according to Knight Frank.

Their value has shot up 1.2% in the second quarter of 2020, with 137% new prospective buyers for prime country houses.

forbes.com
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