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Updated about 2 years ago,

User Stats

9
Posts
6
Votes
Brian Schroeder
  • Investor
  • North New Jersey
6
Votes |
9
Posts

Work from home effect on real estate markets

Brian Schroeder
  • Investor
  • North New Jersey
Posted

Considering that the job market was such a strong factor for such a long time in the value of an area and properties; how does the paradigm of a large percent of the working force (~17.9%) 27.6 million working from home change that dynamic? An argument can be made as well that number will only increase in the next 10-15 years as a lot of companies are breaking out of the old mindset of the traditional work dynamic. 

This could lead to some areas that have been resilient for a long time due to the amazing job market around them taking a bit of a hit, and other areas that have other important criteria's such as great schools, walking score, etc. that could see an increase in value over the next 5-10 years.

Something to think about, let me know all of you thoughts!

Work from home source

Brian Schroeder

Real Estate Investor | North New Jersey

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