The pandemic is ushering in a work-from-home revolution. It's about time - Business Insider

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Opinion | The pandemic is ushering in a work-from-home revolution, and it's about time. By chellivia of the CatoInstitute

"We're never going to go back to working the way that we did," Jared Spataro, a Microsoft executive,However, this embrace of remote work is not limited to Silicon Valley. Many large employers, like Barclays and the insurance company Nationwide, haveIn short, the pandemic may have already accelerated the trend toward telecommuting. An April survey of 1,000 US adults

If remote work becomes more widespread, the benefits might extend beyond individual employers and employees. An increase in remote work could help to spur employment.that Americans are less willing to relocate than they were in the past. That has led to higher unemployment and lower social mobility than would have been the case otherwise, but if workers are given more flexibility to work from where they want to be these effects could be offset.

If greater flexibility to relocate becomes common, it could have several positive knock-on effects. A wave of people moving to lower-cost areas away from large urban centers would lessen the problem of soaring housing costs in large cities. A rise in people "voting with their feet" could also cause a decrease in state and local taxes and burdensome regulations, if states and localities compete more intensely to gain residents.

 

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chellivia CatoInstitute Humans are social beings. Once the pandemic is over, I think all of this will end

chellivia CatoInstitute It's better for sleep and health!

chellivia CatoInstitute Who will use all that Toronto office tower space? What about shops and services on the PATH with no pedestrian traffic?

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