While many workers plan, at least according to recent
surveys, to continue spending at least part of each week working from home, a
shorter commute still seems to be holding increasing appeal. The National
Association of Home Builders (NAHB ) says its first quarter Home Building Geography Index (HBGI) indicates not only a pandemic
driven shift in construction to low density, low cost markets, but a rapid
expansion in areas with the shortest commutes.
Murali, writing in NAHB’s Eye on Housing blog, says workplaces are moving
toward hybrid home/office work models which could affect 30 to 40 percent of
the American workforce. This will give
renters and buyers increased market power over their travel times and the
ability to reduce both housing and transportation costs.