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COVID Pandemic Has Led to Significant Changes in Housing Affordability

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the staff of the Ridgewood blog

Ridgewood NJ, one of the overlooked consequences of the pandemic is some very significant changes in housing affordability . According to a new study from Zumper, a real-estate rental trends blog , the pandemic, social unrest , draconian lockdowns and remote work technologies caused a significant number of people to move out of expensive, urban markets . This migration dramatically changed the picture for American renters and housing affordability in 2021 ( https://www.zumper.com/blog/how-2020-changed-housing-affordability/#full-data ).

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