The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment
Working Paper 30662
DOI 10.3386/w30662
Issue Date
The covid-19 pandemic induced a major shift in the prevalence of remote and hybrid work arrangements. This article reviews the effects of this remote work revolution for residential and commercial real estate values and for the future of cities. It also discusses consequences for productivity, innovation, local public finance, and the climate, as well as potential policy responses.
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