Boston Real Estate for Sale

Boston Real Estate for sale 

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Boston Condo Buyers: Working From Home

WFH

Those with good-paying jobs who’ve discovered the benefits of working from home are the ones who are most-likely fueling the ferocious demand – especially in the larger downtown Boston condo market $1,000,000-$2,000,000 starter-home range for Seaport and Back Bay (can’t believe that I just said that).

Evaluating the economic impact of “social distancing” measures taken to arrest the spread of COVID-19 raises a fundamental question about the modern economy: how many jobs can be performed at home? We classify the feasibility of working at home for all occupations and merge this classification with occupational employment counts.

We find that 37 percent of jobs in the United States can be performed entirely at home, with significant variation across cities and industries. These jobs typically pay more than jobs that cannot be done at home and account for 46 percent of all US wages. Applying our occupational classification to 85 other countries reveals that lower-income economies have a lower share of jobs that can be done at home.

https://www.nber.org/papers/w26948

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