COVERSTORY
Zooming into semigration
' Zoom Boom ' sparks mass migration from urban cities to smaller towns
Sidima Mfeku
Investors moving their wealth around the world in search for greener pastures , greater returns and more security is not a new concept . Now influenced by the ‘ zoom boom ’, major cities are experiencing a mass exodus as property buyers invest in smaller , mostly coastal towns which offer a higher quality of life for a fraction of the cost .
Zoom towns ’ are smaller communities
which have started to gain traction as a result of the pandemic and subsequent remote working boom .
Due to COVID-19 rules and regulations , companies have had to reassess their workspaces - which includes majority of their staff working remotely or moving
12 FEBRUARY 2021 SA Real Estate Investor Magazine