Teleworking and housing demand

Rainer Schulz, Verity Watson and Martin Wersing

Regional Science and Urban Economics, 2023, vol. 101, issue C

Abstract: The COVID-19 pandemic accelerated the trend towards teleworking. Many predicted that this would shift housing demand to the suburbs and homes with the potential for high quality office space. We examine these predictions using a survey of the working age population who live in the private housing sector. The majority in the sector are happy with their current home, but new teleworkers who plan to continue to do so – accounting for one fifth of the population – are characterised by a higher intention to move. Consistent with predictions, these teleworkers value a high quality home office more than others and are prepared to live further away from the centre to find it.

Keywords: Teleworking; Working from home; Hurdle model; Semiparametric choice model (search for similar items in EconPapers)
JEL-codes: C14 C25 R21 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:101:y:2023:i:c:s0166046223000509

DOI: 10.1016/j.regsciurbeco.2023.103915

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