3 ms·
If even a smallish fraction—say 15 or 20 percent— of the workers who could move and work remotely do so, that could have a pretty significant impact on local ec
by Finnucane 6y ago
If even a smallish fraction—say 15 or 20 percent— of the workers who could move and work remotely do so, that could have a pretty significant impact on local economies. Even if wages adjust some, you’d still see essentially a redistribution of wealth from highly concentrated areas to those less so. A shift of say, 2 percent in apartment vacancy rates is nontrivial. On the whole it could be a net positive, for individuals and for stressed cities.
- shuckles 6y ago1 in every 5 employees relocating is a huge proportion.