The enormous increase in working-from-home (WFH) brought on by the COVID-19 pandemic has not hit productivity as hard as employers had initially feared. In fact, some companies report that remote-working tools such as chat apps and videoconferencing have actually helped staff become more productive. For their part, many employees say they do not miss the stress and cost of the daily commute.
Even though vaccination rates are rising and the need for social distancing is diminishing, both sides are keen to preserve what they see as more efficient ways of working. This poses new and interesting questions about where and how we’ll work and live in the years ahead.
This significantly increased flexibility is also likely to have wider social ramifications, including greater employee diversity, a better work-life balance and larger talent pools, as location and in-office presence become less important1.
Our Research analysts have identified three trends in how we live, work, and shop which could have a lasting impact on real estate.