The furniture resale market is booming

Vox (10/08/2020)
  • With coronavirus shutdowns pushing more Americans from expensive cities to the suburbs, many are offloading their furniture online.
  • Facebook Marketplace, the social network’s used goods portal, has seen furniture sale listings increase 100% since April.
  • Young adults, many of whom are moving back home due to financial hardships, don’t want to deal with paying for movers or storage.
  • And more people stuck working from home are buying quality used furniture to revamp their living spaces.
  • Ultimately, the supply and demand for used furniture grows.