Starwood Capital founder Barry Sternlicht told CNBC on Tuesday he believes masses of people will move away from major U.S. cities in favor of the suburbs. “There’s hundreds of thousands of people looking for suburban homes, and I would say it’s not as driven by the COVID situation as it is safety and law and order, and that is now pervasive across the big cities of the United States, sadly,”…


Sternlicht Sees “Hundreds of Thousands” Leaving Cities for Suburbs

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