Return to the Office? Not in This Housing Market

Published MARCH 11, 2022

Original Article

More than a third of jobs — often but not always ones performed by people with a college degree — can be performed from home, according to a University of Chicago analysis. What these workers hear when their employers call them back to the office is that they’re expected to either pay a big chunk of their paychecks to live close to the office or save money on rent and weather longer — and more expensive — commutes, as if the last two years of work-from-home hadn’t happened at all. Around 46% of companies had workers back in their offices in January or February of this year, compared to 29% at the end of 2021, according to a Challenger, Gray & Christmas survey.