Monday Market Update: New Report Projects That 25% of High-Paying Jobs Will Be Remote By 2023
Will the next 24 months be a game-changer for where we work, live & play?
This Just In: Ladders (a career site for high paying jobs) predicts that ¼ of jobs paying $80,000/year or more will be remote by the end of 2022. The opportunity to work from home emerged for the first time for many with the onset of COVID-19, and benefits have included not just health & safety but avoiding long commutes, spending more time with loved ones and greater work/life balance.
Ladders CEO Marc Cenedella even asserts that the work from home movement is “the largest societal change in America since the end of World War II. It’s a complete economic restructuring, it changes everything. Work consumes about half of our waking hours. So when you change where you’re working and how you’re working, it impacts your entire life.”
The impact on real estate is two-fold. From the employer perspective, the advisory platform Consultancy has calculated that remote work can save businesses an average of 32% or more in commercial real estate costs. From an employee perspective, full-time remote work affords the opportunity to live anywhere, increasing the likelihood that smaller cities are poised for growth. A hybrid work model, however, is more limiting with regards to locale as a ‘commutable’ destination would still be a requirement when purchasing a residential home.
How has your work situation impacted your real estate goals? Have you considered moving to a smaller town, or purchasing a second home? We would love to hear all about it: bobbi@bobbidecker.com.
Resource Used: Report predicts 25% of high-paying jobs will be remote by 2023
Cheers to a life in a location you love!
Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
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