Almost one in four UK residents have started working from home since 2020 due to the pandemic. The transition of the population to remote employment has led not only to environmental benefits, but also to an increase in housing shortages, writes The Guardian.
The publication emphasizes that the conditions of online work gave the residents of the United Kingdom the opportunity to save on renting offices, combine income and life, and reduce the burden on the environment by reducing the number of trips around the city by personal transport. At the same time, the authorities should pay attention to the fact that along with a number of positive effects of remote work, problems in the real estate market are aggravated.
According to the Office for National Statistics (ONS), in 2020, about 26 percent of UK residents worked from home. Experts fear that if the number of people at the “remote location” grows, then millions of apartments and houses will turn into jobs, which will inevitably increase the cost of renting and buying real estate. There are 13 million private tenants in the country, some of them, in one way or another, strive to get more living space in order to equip a place to work and accommodate a family.
The proof is the fact that prices for mansions in the country in 2020 increased by ten percent – twice as much as for apartments. Homes in rural areas have risen the most, probably because people are trying to stay away from cities and crowds amid coronavirus restrictions. Polarization between territories can increase social inequality and make the poor even poorer. In order for more homes to become jobs, it is important to address the extremely uneven distribution of housing, experts say.
In late June, the British, who own a second home, were also accused of increasing housing shortages. According to the government, more than 700,000 families make money on additional real estate by renting it out to tourists, and deprive the poor of the chance to get social housing at affordable prices.