The covid-19 pandemic induced a major shift in the prevalence of remote and hybrid work arrangements. This article reviews 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,...

What explains record U.S. house price growth since late 2019? We show that the shift to remote work explains over one half of the 23.8 percent national house price increase over this period. Using variation in remote work exposure across U.S. metropolitan areas we estimate that an additional...

The COVID-19 pandemic saw an unprecedented expansion of federal emergency rental assistance (ERA). Using applications to ERA lotteries in four cities linked to survey and administrative data, we assess its impacts on housing stability, financial security, and mental health. We find that...