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Rental market reacts to coronavirus but stays active

In most states, moving companies have been designated “essential businesses” and have been allowed to operate during the pandemic. But a change of residence has become complicated in ways that can’t be solved by a moving crew.

New wrinkles in the market

In Los Angeles, Sally Forster Jones, a Compass broker and founder of the Sally Forster Jones Group, said she has seen a recent uptick in people from New York seeking short-term rentals in sunny Southern California.

“They’re particularly coming here [to rent] homes for a short period of one to two months, through the summer, and looking at it as a sanctuary almost from the East Coast,” Jones said.

 

Source Washington Post

Written by Dima Williams

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