Working from home attracts people from big cities to the suburbs

Working from home attracts people from big cities to the suburbs

A survey of 12,000 German people conducted in the fall of 2022 found that 38 percent of those leaving large cities moved to the suburbs and 30 percent to smaller cities with a population of 100,000 to 500,000. Only 9 percent moved to small cities and 5 percent to the countryside. These results show that, contrary to some expectations, the Covid-19 pandemic has not caused a refugee to rural areas.

Financial considerations have also played an increasingly important role in people’s decision to move. Respondents mentioned increased basic rents and increased energy prices as significant cost factors. In May 2021, only 12 percent of respondents considered housing costs to be a major financial burden, but the percentage rose to 20 percent of respondents in the fall of 2022. In the next 12 months, 12 percent of those planning to move mentioned financial costs. burden the main reason for moving.

The results of the study are not limited to Germany, as telecommuting has become a global trend. The Covid-19 pandemic has forced many companies to adopt remote work, and the trend is likely to continue. In the United States, for example, telecommuting has become increasingly popular, and many companies offer their employees the opportunity to work from home. This trend has also led to many people moving to suburbs or smaller cities where the cost of living is lower and housing is more affordable.

Telecommuting has also become a popular trend in Australia, with many companies offering flexible work arrangements. This change has resulted in many people moving to the suburbs or smaller cities where housing is more affordable and the cost of living is lower. Telecommuting has become increasingly popular in Canada, with many people moving to the suburbs or smaller cities where they can enjoy a better quality of life and lower cost of living.

In summary, research by the ifo institute and immowelt has shown that remote work has motivated many people to move, former city dwellers are most likely to move to the suburbs or smaller cities. Economic considerations have also had a significant impact on people’s decision to move. This trend is not limited to Germany, but can also be seen in other countries around the world. As telecommuting grows in popularity, it is likely that this trend towards suburban and smaller urban living will continue.

HT

Source: The Nordic Page

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