Why are millionaires from all over the country moving to this little-known Arizona suburb?

By Libertina Brandt | Wall Street Journal

For Tina Garrity, the decision to relocate from Chicago to Paradise Valley, Ariz., in the early months of the pandemic was an easy one.

Ms. Garrity, 57, who has a management consulting business, has been visiting the Phoenix area for decades to see family. In March 2019, she bought a roughly 6,400-square-foot home for $1.85 million in Paradise Valley to stay in a few times a year. But when the pandemic hit, she began working remotely and decided to make it her primary residence.

In contrast to her two- bedroom Chicago rental with no outdoor space, Ms. Garrity’s Paradise Valley property spans just over an acre with a guesthouse, tennis court and putting green.

“Having a backyard and having space made a huge difference in work and life in general,” said Ms. Garrity, who has kept her Chicago apartment for when she needs to see clients in the city.

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