Remote work has caused housing prices to shoot up: study ...Middle East

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Remote work has caused housing prices to shoot up: study
Story at a glance A working paper from the National Bureau of Economic Research argues that remote work has played a part in raising housing prices across the country. The study also states that remote work has also “relocated” housing demand as people move to places more suited for remote work.     Study crafters believe that remote work has contributed to around 15 percent of the almost 24 percent increase in housing costs that occurred between 2019 and 2021. A national shift to remote work due to the COVID-19 pandemic has caused housing prices to go up, according to a working paper from the National Bureau of Economic Research.   The paper — written by Jo

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