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Redfin CEO: People are refiguring where they want to live

Many city residents were already wary of the higher cost of living and increased tax burden before the pandemic swept the country. Now, many are seizing the opportunity to keep their high-paying jobs while moving out of city centers into more affordable suburban areas. Redfin CEO Glen Kelman explains the data behind the migration and how this new wave is looking to spend more on their home while lowering their overall tax burden.