The COVID-19 pandemic has given over 50% of Americans the opportunity to work from home due to stay-at-home orders. A new report from Zillow reveals that this could cause a suburban housing boom, as people may no longer need to work full-time in busier, crowded and more expensive metros. Zillow conducted a survey which found that 75% of Americans working from home due to COVID-19 would prefer to continue that at least half the time, if the option was presented when the pandemic subsides.
The survey also showed that 66% of employees working from home would likely consider moving if they had the flexibility to work from home as often as they want. "Many employed Americans are trying to square the desire to work remotely with the functionality and size of their existing homes," according to the report. "Among employees who would be likely to consider moving, If given the flexibility to work from home when they want, nearly one-third say they would consider moving in order to live in a home with a dedicated office space (31%), to live in a larger home (30%), and to live in a home with more rooms (29%)."