Remote Work Major Driver of Home Price Spike, Study Finds
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Managers attempting to coax reluctant workers back to their cubicles have a new card to play: returning to the office could make housing more affordable.
According to research published Monday by the Federal Reserve Bank of San Francisco, the massive shift to remote work spurred over 50% of the increases in house and rent prices through the pandemic. Yet another variable for Zillow to plug into your Zestimate.
Source Fool.com