Retirement, Real Estate & COVID-19: Will Downsizing-To-The-City Reverse Course?

Anna’s bright blue eyes light up as she explains her reasons for moving to the city in retirement. A little more than a year ago she sold her four-bedroom suburban home and moved into a two-bedroom apartment downtown. When asked why she downsized to less than half of the space she enjoyed for decades, the excited 70-year-old retiree exclaimed, “Everything is right there. Anything I want—food, fun, it’s all right outside my door!”