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COVID has also:

1: given parents a taste of new options for schooling their children. Many people tried tried out homeschooling and are planning to continue. This move decouples K12 education from real estate decisions and provides even more incentive to have a work/life balance that allows parents to be more involved in their kids' education.

2: let people vote with their feet more easily WRT state income taxes. People realized that they can now move to a low/no-tax state and take home a lot more money. Even if you take a 10 percent pay cut to move elsewhere, everything is cheaper than in SF/NYC. Your take-home pay is the same since there's no state income tax, and you can afford much more house/car/vacation/etc. in your new location.




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