The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment

Stijn Van Nieuwerburgh

No 30662, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: G12 H71 R12 R23 R31 R51 (search for similar items in EconPapers)
Date: 2022-11
New Economics Papers: this item is included in nep-ure
Note: AP CF EFG PE
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