Rising Housing Costs Caused by Working from Home

64 News Fix episode

Working from home is causing rising housing costs, and Bed Bath & Beyond is helping revitalize communities with Rebuilding Together. Find out more in today’s home improvement News Fix.

Real Estate News

Working from home is a big cause of rising housing prices, according to the National Bureau of Economic Research. Of the 24 percent increase in housing costs from 2019 to 2020, about 15 percent is due to remote work as housing demand has shifted to locations that are suited to working from home. 

The study also found that more than 42 percent of the U.S. workforce is working from home at least part time. 

Questions for you: Have you witnessed rising housing costs where you live? Have you moved due to remote work opportunities? We’d love to know.

DIY News

Bed Bath & Beyond is partnering with Rebuilding Together. Specifically, the company will help provide critical home repairs and to donate household items to support homeowners’ needs for more than 25 projects nationwide.

Rebuilding Together’s mission is to repair homes and revitalize communities to neighbors who are faced with diminishing resources. 

Share your DIY news, housing data, new product launches, and design trends with us. We are always looking for the latest in housing and DIY news, and will consider all submissions for upcoming home improvement News Fix episodes.

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