The gap between the haves and
the have-nots appears to be get–
ting bigger; whether that’s people
having access to essential goods
and employment, or governments
having access to affordable debt to
prop up economies and manage the
outbreak. The 23 percentage point
difference in concerns for falling
ill between higher and lower earners
speaks for itself.
A desire for a city escape might be on
the cards – but mostly for those who
can afford it. In many parts of the
world, the momentum is still on the
side of cities.
Urbanites in advanced economies
are much keener on getting out of the
city compared to those in fast-growth
countries. What we’re seeing with the
latter are in fact signs of continued
urbanization, with those in suburban
and rural areas waiting for an opportu–
nity to flock to cities. A lot of megacities
in developing economies are not only
luring new workers but retailers as
well, with Apple and Huawei launch-
ing flagship stores in Beijing and
Shanghai, respectively.
There have been many reports of
a “great escape” from cities due to
COVID-19, but relocating from the city
during a pandemic may be a luxury
limited to those who can easily work
remotely. Common sense tells us that
mass remote working just isn’t applica–
ble for manufacturing-based economies
where opportunities are clustered around
city environments. And although our
data shows migration from the city is
desired in Western countries, this isn’t
as much induced by fear of the virus as
by shifts in consumer priorities.
Our research in the UK and U.S. shows
that where people want to relocate is
primarily about a change in lifestyle
(31%) and a quest for a quieter loca-
tion (29%) than what the city can offer.
That’s why 2021 won’t see a drastic
change in the physical composition
of urban areas, but rather one that
reflects a shift in urban mentality.
Don’t believe the hype
19There’s no place like home