#1. Remote workers spend more on rent and housing costs than those who stay in the office
A new working paper of the USA's National Bureau of Economic Research highlights by just how much more remote workers have to spend on their rent and housing costs compared to those working in the office. While the study is a snapshot of the pre-coronavirus world, analysing data between 2013 and 2017, it shows that remote renters spent between 6.5% and 7.4% more of their income a month. The margins are even more significant for homeowners who worked remotely (8.4% to 9.8%). During the first wave of COVID-19, more than a third of US workers who once commuted were forced to work remotely, and according to a Pew Research Center survey, more than half of workers who can do their jobs remotely say they will want to continue doing so after the pandemic ends, reports Bloomberg CityLab. Read more here.
#1. Remote workers spend more on rent and housing costs than those who stay in the office
A new working paper of the USA's National Bureau of Economic Research highlights by just how much more remote workers have to spend on their rent and housing costs compared to those working in the office. While the study is a snapshot of the pre-coronavirus world, analysing data between 2013 and 2017, it shows that remote renters spent between 6.5% and 7.4% more of their income a month. The margins are even more significant for homeowners who worked remotely (8.4% to 9.8%). During the first wave of COVID-19, more than a third of US workers who once commuted were forced to work remotely, and according to a Pew Research Center survey, more than half of workers who can do their jobs remotely say they will want to continue doing so after the pandemic ends, reports Bloomberg CityLab. Read more here.
#1. Remote workers spend more on rent and housing costs than those who stay in the office
A new working paper of the USA's National Bureau of Economic Research highlights by just how much more remote workers have to spend on their rent and housing costs compared to those working in the office. While the study is a snapshot of the pre-coronavirus world, analysing data between 2013 and 2017, it shows that remote renters spent between 6.5% and 7.4% more of their income a month. The margins are even more significant for homeowners who worked remotely (8.4% to 9.8%). During the first wave of COVID-19, more than a third of US workers who once commuted were forced to work remotely, and according to a Pew Research Center survey, more than half of workers who can do their jobs remotely say they will want to continue doing so after the pandemic ends, reports Bloomberg CityLab. Read more here.
#1. Remote workers spend more on rent and housing costs than those who stay in the office
A new working paper of the USA's National Bureau of Economic Research highlights by just how much more remote workers have to spend on their rent and housing costs compared to those working in the office. While the study is a snapshot of the pre-coronavirus world, analysing data between 2013 and 2017, it shows that remote renters spent between 6.5% and 7.4% more of their income a month. The margins are even more significant for homeowners who worked remotely (8.4% to 9.8%). During the first wave of COVID-19, more than a third of US workers who once commuted were forced to work remotely, and according to a Pew Research Center survey, more than half of workers who can do their jobs remotely say they will want to continue doing so after the pandemic ends, reports Bloomberg CityLab. Read more here.
#1. Remote workers spend more on rent and housing costs than those who stay in the office
A new working paper of the USA's National Bureau of Economic Research highlights by just how much more remote workers have to spend on their rent and housing costs compared to those working in the office. While the study is a snapshot of the pre-coronavirus world, analysing data between 2013 and 2017, it shows that remote renters spent between 6.5% and 7.4% more of their income a month. The margins are even more significant for homeowners who worked remotely (8.4% to 9.8%). During the first wave of COVID-19, more than a third of US workers who once commuted were forced to work remotely, and according to a Pew Research Center survey, more than half of workers who can do their jobs remotely say they will want to continue doing so after the pandemic ends, reports Bloomberg CityLab. Read more here.