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Teleworking and housing demand.

Authors :
Schulz R
Watson V
Wersing M
Source :
Regional science and urban economics [Reg Sci Urban Econ] 2023 Jul; Vol. 101, pp. 103915. Date of Electronic Publication: 2023 Jun 03.
Publication Year :
2023

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.<br />Competing Interests: The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.<br /> (© 2023 The Author(s).)

Details

Language :
English
ISSN :
0166-0462
Volume :
101
Database :
MEDLINE
Journal :
Regional science and urban economics
Publication Type :
Academic Journal
Accession number :
37342669
Full Text :
https://doi.org/10.1016/j.regsciurbeco.2023.103915