Many workers are now able to do their jobs from home, decreasing the need to live close to the city office. Because of this, many are choosing to move away from pricey urban living and opting instead for life in the suburbs. Suburb living generally offers more space and less hassle for substantially less money. Remote workers can get much more for their paychecks instead of working just to afford rent in expensive urban areas.
Key Takeaways:
- People are increasingly moving away from working in larger cities and relocating to work remotely in smaller, but less expensive cities.
- The percentage of people working remotely has increased by over two and a half percent in the past ten years.
- A large influx of people moving in to work remotely, but the final financial impacts, both positively and negatively aren’t known.
“Ms. Swift joined a group of workers fueling a renaissance in U.S. cities that lie outside the major job hubs.”