Sick of being cramped inside a small apartment where you now not only live, but work and teach your kids, too? You’re far from alone these days.
But buying a home and moving to the suburbs is far from a fool-proof decision from a financial perspective, even in an era of rock-bottom mortgage rates.
Many city dwellers have taken a newfound interest in suburban and rural living as the coronavirus pandemic has transformed our daily lives and living spaces. Sales of new and existing homes have skyrocketed in recent months thanks to a combination of pent-up demand from the spring and city residents entering the market in search of more space.
“We’ve been speculating about…