What will Los Angeles and other cities look like when so many more people work from home? With two colleagues, I developed a model to help understand what Los Angeles might look like if a third of employees worked from home. Our analysis of movement within Los Angeles found that overall home prices could decline by around 6%. AdvertisementHowever, a handful of large cities, including Los Angeles and San Diego, could draw some of the now-untethered telecommuters attracted by the cities’ unique amenities. If a third of people work from home, overall time spent commuting in Los Angeles could drop 32%.

Source: Los Angeles Times December 20, 2020 11:07 UTC