Teleworking and housing demand

Rainer Schulz; Verity Watson; Martin Wersing

doi:10.1016/j.regsciurbeco.2023.103915

Teleworking and housing demand

Rainer Schulz^* (Corresponding Author), Verity Watson, Martin Wersing

^*Corresponding author for this work

Health Economics Research Unit

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

4 Downloads (Pure)

Abstract

The COVID-19 pandemic accelerated the trend towards teleworking. Many predicted that this would shift housing demand to the suburbs and homes with the potential for high quality office space. We examine these predictions using a survey of the working age population who live in the private housing sector. The majority in the sector are happy with their current home, but new teleworkers who plan to continue to do so—accounting for one fifth of the population—are characterised by a higher intention to move. Consistent with predictions, these teleworkers value a high quality home office more than others and are prepared to live further away from the centre to find it.

Original language	English
Article number	103915
Number of pages	13
Journal	Regional Science and Urban Economics
Volume	101
Early online date	3 Jun 2023
DOIs	https://doi.org/10.1016/j.regsciurbeco.2023.103915
Publication status	Published - 1 Jul 2023

Bibliographical note

Open Access via the Elsevier agreement
We are grateful to the two anonymous referees and Gabriel Ahlfeldt (the editor) for their detailed comments and suggestions, which helped to improve the paper. We thank Tim Bolt, Luis Loría, Axel Werwatz and seminar participants at the AREUEA International Conference, the University of Aberdeen and the TU Berlin for helpful comments. We are grateful to the Centre of Real Estate Research and the Health Economics Research Unit of the University of Aberdeen for financial support that made the online survey possible. The usual disclaimer applies.

Rainer Schulz: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Verity Watson: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Martin Wersing: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Data curation, Writing.

Data Availability Statement

The data that has been used is confidential.

Keywords

Teleworking
Working from home
Hurdle model
Semiparametric choice model

Access to Document

10.1016/j.regsciurbeco.2023.103915Licence: CC BY

Schulz_etal_RSUE_Teleworking_And_Housing_VoR
© 2023 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/
Final published version, 1.54 MBLicence: CC BY

Cite this

@article{1046883879b942c8b4c49f19b11ba5e3,

title = "Teleworking and housing demand",

abstract = "The COVID-19 pandemic accelerated the trend towards teleworking. Many predicted that this would shift housing demand to the suburbs and homes with the potential for high quality office space. We examine these predictions using a survey of the working age population who live in the private housing sector. The majority in the sector are happy with their current home, but new teleworkers who plan to continue to do so—accounting for one fifth of the population—are characterised by a higher intention to move. Consistent with predictions, these teleworkers value a high quality home office more than others and are prepared to live further away from the centre to find it.",

keywords = "Teleworking, Working from home, Hurdle model, Semiparametric choice model",

author = "Rainer Schulz and Verity Watson and Martin Wersing",

note = "Open Access via the Elsevier agreement We are grateful to the two anonymous referees and Gabriel Ahlfeldt (the editor) for their detailed comments and suggestions, which helped to improve the paper. We thank Tim Bolt, Luis Lor{\'i}a, Axel Werwatz and seminar participants at the AREUEA International Conference, the University of Aberdeen and the TU Berlin for helpful comments. We are grateful to the Centre of Real Estate Research and the Health Economics Research Unit of the University of Aberdeen for financial support that made the online survey possible. The usual disclaimer applies. Rainer Schulz: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Verity Watson: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Martin Wersing: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Data curation, Writing. ",

year = "2023",

month = jul,

day = "1",

doi = "10.1016/j.regsciurbeco.2023.103915",

language = "English",

volume = "101",

journal = "Regional Science and Urban Economics",

issn = "0166-0462",

publisher = "Elsevier",

}

TY - JOUR

T1 - Teleworking and housing demand

AU - Schulz, Rainer

AU - Watson, Verity

AU - Wersing, Martin

N1 - Open Access via the Elsevier agreement We are grateful to the two anonymous referees and Gabriel Ahlfeldt (the editor) for their detailed comments and suggestions, which helped to improve the paper. We thank Tim Bolt, Luis Loría, Axel Werwatz and seminar participants at the AREUEA International Conference, the University of Aberdeen and the TU Berlin for helpful comments. We are grateful to the Centre of Real Estate Research and the Health Economics Research Unit of the University of Aberdeen for financial support that made the online survey possible. The usual disclaimer applies. Rainer Schulz: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Verity Watson: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Writing. Martin Wersing: Conceptualisation, Methodology, Software, Validation, Formal analysis, Investigation, Data curation, Writing.

PY - 2023/7/1

Y1 - 2023/7/1

N2 - The COVID-19 pandemic accelerated the trend towards teleworking. Many predicted that this would shift housing demand to the suburbs and homes with the potential for high quality office space. We examine these predictions using a survey of the working age population who live in the private housing sector. The majority in the sector are happy with their current home, but new teleworkers who plan to continue to do so—accounting for one fifth of the population—are characterised by a higher intention to move. Consistent with predictions, these teleworkers value a high quality home office more than others and are prepared to live further away from the centre to find it.

AB - The COVID-19 pandemic accelerated the trend towards teleworking. Many predicted that this would shift housing demand to the suburbs and homes with the potential for high quality office space. We examine these predictions using a survey of the working age population who live in the private housing sector. The majority in the sector are happy with their current home, but new teleworkers who plan to continue to do so—accounting for one fifth of the population—are characterised by a higher intention to move. Consistent with predictions, these teleworkers value a high quality home office more than others and are prepared to live further away from the centre to find it.

KW - Teleworking

KW - Working from home

KW - Hurdle model

KW - Semiparametric choice model

UR - http://www.scopus.com/inward/record.url?scp=85162200814&partnerID=8YFLogxK

U2 - 10.1016/j.regsciurbeco.2023.103915

DO - 10.1016/j.regsciurbeco.2023.103915

M3 - Article

C2 - 37342669

SN - 0166-0462

VL - 101

JO - Regional Science and Urban Economics

JF - Regional Science and Urban Economics

M1 - 103915

ER -

Teleworking and housing demand

Abstract

Bibliographical note

Data Availability Statement

Keywords

Access to Document

Other files and links

Fingerprint

Cite this