Larger cities experience slower return-to-office trends due to expensive real estate, longer commutes, and WFH benefits, impacting agglomeration economies and necessitating policy adjustments for industries requiring in-person interactions.
Report suggests larger cities like New York should promote industries benefiting from in-person interactions, acknowledge the persistence of WFH, and enhance housing production to lessen agglomeration losses.
#work-from-home #return-to-office-trends #agglomeration-economies #real-estate #policy-recommendations
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