Finance

Work (physics)

Economic growth

Psychiatry

Civil engineering

Engineering

Political science

Psychology

Economics

Psychological intervention

Productivity

Estate

Land Values

Residential real estate

Land use

Mechanical engineering

Real estate

Real Estate Economics

The covid‐19 pandemic induced a major shift in the prevalence of remote and hybrid work arrangements. This review article studies the effects of this remote work revolution for residential and commercial real estate values and for the future of cities. It also discusses consequences for productivity, innovation, local public finance, and the climate. The last part of the article discusses policy interventions.

The remote work revolution: Impact on real estate values and the urban environment: 2023 AREUEA Presidential Address