A study by UpWork estimated that 14 million to 23 million Americans may relate due to the rise of remote work, amounting to 9% to 13% of the workforce. The vast majority are moving to the South and West, consistent with migration trends that were established before the pandemic (🔒The Economist).

Many people saved money during the pandemic and saw their home values increase, which meant they could purchase a second home where they could work remotely and spend time with their families.

Offices are not going back to the way they were pre-pandemic, and neither are the downtown neighborhoods that house them.