Aileen Prak

Hi, thanks for having me.

Since COVID hit, what we've seen in the U.S.

is there has been a huge movement of people who are no longer bound by location due to their jobs.

Because with COVID now, everybody has the flexibility of working remotely.

So a lot of people have taken that opportunity to move to more affordable places.

They've moved from the cities into more of the suburban areas, moved closer to home with family, places that they actually want to live in, not because they have to live in because of work.

One of the biggest trends I think that was most surprising was we're not really seeing people moving to specific areas or city areas, but they're moving more towards actually tertiary markets.

So not like much further away from the cities and everything like that so that it's more affordable.

You know, they want a little bit more space.

They're looking for places where they can, you know, create families for themselves.

You can have a little bit more room to breathe and to grow.

So they're not really looking for places where it's very busy anymore.

They're moving towards more suburban areas.

Yeah, absolutely.

I think especially with COVID, people have really come to realize how important time is, how important and how valuable time is.

And people value their health a lot more now.

People really put a lot of emphasis on work-life balance and putting their health and their families and really their time first now.

A lot of them actually, what they're seeing is that there's other ways and alternative ways to actually create income for themselves that's not just through the typical W-2.

They are able to create things through passive investments.

So a lot of people now are starting to look for different avenues on to create different streams of income through passive investing.