[75dvtwin]

> assuming when things eventually open up again more in say max a year or two, they will need/want to be back in the city?

Well, I do not have a huge sample to drive any conclusions. But I know a couple whose adult children live in other parts of the world (one in Miami, the other in London).

So the couple is choosing, finally, to sell their NY city home and move to south east Florida closer to one of the children.

Largerly, besides emotional reasons (lack of feeling secure, feeling of being unwanted, feeling of being robbed by local taxes, wanting to be closer to their children) -- they no longer see that their home price will continue to go up to justify sitting there as an 'investment vehicle'.

They are closer to retirement age, so their needs, perhaps are different then others.

They also do not want their children, under any circumstance to move back to NY city or NJ.