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Remote Work Has Led To A 15.1% Increase In Housing Prices

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But one often overlooked impact of this work arrangement has been the rise in housing prices across the US. . In fact, these policies have contributed to half of the 23.8% growth in housing prices between 2019 and November 2021 according to a new paper released by the National Bureau of Economic Research (NBER). .

2019 277
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IWG Reports Record Q1 Revenue, Remains ‘Cautiously Optimistic’ For The Remainder Of 2023

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It is positioned to take advantage of the growing interest in suburban areas – as more businesses adopt hybrid work models in the post-pandemic era. How it’ll impact the future: IWG’s strategic pricing policies have reportedly kept pace with inflation, as well as the change in occupancy rates.

2023 234
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Spain to End Golden Visa Program, Prioritizing Housing Affordability and Social Equality

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The change in policy could decrease the number of digital nomads and foreign workers within the country. On Monday, Spain announced its decision to terminate the “golden visa” program, which granted residency to non-EU investors purchasing property over €500,000 ($541,250). Spain tops that ranking at the number one spot.

2013 269
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Boston’s Tax Revenue Plummets as Remote Work Reshapes its Real Estate Market

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According to the report, “With the value of office space expected to decline 20–30 percent by 2029, and overall commercial real estate prices by 12–18 percent, we estimate that Boston will face a cumulative revenue shortfall of $1.2 This reliance is reported to be higher than that of other major U.S. billion to $1.5

2019 237
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New Overtime Pay Eligibility Rule to Impact Over 4 Million U.S. Workers

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Department of Labor has finalized a rule that will significantly expand overtime pay eligibility for millions of salaried workers.

2025 231
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U.S. Economy Defies Expectations With Impressive March Job Gains

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According to a report published by yahoo!finance The March job figures reinforce the Federal Reserve’s assessment that the economy remains on solid ground, capable of withstanding the current restrictive monetary policy environment. finance , the performance growth pushed the unemployment rate down to 3.8% The post U.S.

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U.S. Consumer Spending Dip Could Indicate Cooling Labor Market

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According to a report published by Reuters , the modest consumer spending, which accounts for over two-thirds of U.S. Inflation, analyzed with the personal consumption expenditures (PCE) price index, was unchanged in October. Reuters reports that a year-on-year increase of 3.0%, was the smallest gain since March 2021.

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