Why the changed commute could unleash a homebuilding boom

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Why the changed commute could unleash a homebuilding boom
France Dernières Nouvelles,France Actualités
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Stretching the distance between home and work could have major consequences for the nation’s biggest cities, a new analysis says.

how the time saved by not commuting each weekday — potentially hundreds of hours a year in the nation’s largest metro areas — might increase how far people are willing to live from offices in the heart of major urban areas.

Rappaport said he expects a continued telework trend would lead to a boom in construction of single-family homes. The effects could be striking in Rappaport’s estimation: 427,000 more homes of that type built a year in cities across the country, roughly double the annual figure in the years before the pandemic.

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